Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Commercial Corner Lot in Port Arthur Title is generated by Realmo AI

    2089 Canal St, Port Arthur, TX 77640

    View on Map
    Claim this Listing
    For Sale
    $125,000

    High-visibility commercial corner lot with income potential in Port Arthur.

    Type:Land
    Added:
    Apr 15, 2026
    Days on Market:
    47
    Last Refresh:
    Apr 11 at 6:07 am

    Property Features for 2089 Canal St

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Ashley Starks

    Listing agent Ashley Starks

    Listing office

    Listing date Apr 15, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Ashley Starks

    HighLights

    • High‑visibility corner lot in a rapidly developing area of Port Arthur.
    • Turnkey income potential with two established, income‑producing buildings.
    • Utilities (electric and water) are already in place, facilitating further development.
    • Excellent location near a shopping mall, school, and major highway access points.
    • Located in a high‑demand industrial zone with consistent workforce activity driven by nearby refineries.
    • Suitable for a variety of uses including retail, office, and mixed‑use development.

    Overview

    This commercial corner lot is located in a fast-growing development corridor in Port Arthur. The property offers immediate income potential and features two established, income-producing buildings. Electric and water utilities are in place, supporting continued development, expansion, retail, office, and mixed-use projects. The location provides strong traffic exposure and accessibility, being minutes from a shopping mall, school, and key highway access points. Situated within a high-demand industrial zone, the property benefits from nearby refineries and industrial employers, driving consistent workforce activity. This creates a steady need for retail, housing support, and creative commercial ventures. The property has a walk score of 0, indicating it is car-dependent, and a bike score of 25, indicating it is somewhat bikeable.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Center Dental Office Nail Salon Auto Repair Shop Big Box & Wholesale Store Hotel & Motel Kitchen & Bath Showroom Auto Parts Store Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port Arthur
    County
    Jefferson
    State
    Texas
    Longitude
    -94.00666
    Latitude
    29.896406

    Nearby Similar for Sale

    • $999,999
      1,280 SF

      Operating Car Wash in Port Arthur

      Turnkey car wash business opportunity in a prime location.
      8201 9th Avenue, Port Arthur, TX 77642
      View Details
    • $249,999
      7,600 SF

      Port Arthur Self-Storage Facility

      Self-storage facility with 16 units, ideal for investors.
      3851 11th Avenue, Port Arthur, TX 77642
      View Details
    • $180,000
      2,094 SF

      Port Arthur Commercial Opportunity

      Two buildings in Medical Triangle, ideal for investors/owner-users.
      3303 Medical Triangle Blvd, Port Arthur, TX 77642
      View Details
    • $650,000
      295,435 SF

      Port Arthur High Density Residential Land

      6.7-acre tract zoned for high-density residential development.
      7051 Lake Arthur Dr, Port Arthur, TX 77642
      View Details
    • $99,000
      2,800 SF

      Retail Space on Busy Street

      Retail space with excellent exposure on a busy street.
      1300 & 1320 Gulfway Dr, Port Arthur, TX 77640
      View Details
    • $114,900
      24,836 SF

      Commercial Lot in Port Arthur

      0.57-acre commercial lot in Port Arthur, Texas.
      2145 memorial Blvd, Port Arthur, TX 77640
      View Details
    • $1,333,333

      Freestanding Family Dollar in Port Arthur

      Single tenant Family Dollar in Port Arthur, Texas for sale.
      3701 Gulfway Dr, Port Arthur, TX 77642
      View Details
    • $75,000
      3,762 SF

      Port Arthur Retail Opportunity

      Vacant retail building on a high-traffic corner for sale.
      4049 Gulfway Dr, Port Arthur, TX 77642
      View Details
    • $1,500,000
      12,830 SF

      Seafood Distribution Facility For Sale

      Turnkey seafood distribution operation with large freezer capacity.
      601-625 W Gulfway Dr, Port Arthur, TX
      View Details
    • $149,990

      Regal Church with Awe-Inspiring Features

      Church suitable for community center, museum, or other opportunities.
      3146 Thomas Blvd, Port Arthur, TX 77642
      View Details
    • $299,000
      4,556 SF

      Medical Office Building For Sale

      4556 SF medical office building, can be divided.
      3705 9th Ave, Port Arthur, TX
      View Details
    • $4,900,000
      2,160 SF

      Waterfront Property with Intracoastal Frontage

      4-acre waterfront property with 700 feet of frontage.
      6500 S 1st St, Port Arthur, TX
      View Details

    FAQs

    What type of property is this?
    Commercial land - High-visibility commercial corner lot with income potential in Port Arthur.
    Where is this commercial land located?
    The property is located at 2089 Canal St Port Arthur, TX.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: High‑visibility corner lot in a rapidly developing area of Port Arthur.; Turnkey income potential with two established, income‑producing buildings.; Utilities (electric and water) are already in place, facilitating further development.
    (832) 256-6527
    We can help!
    Listing Contact
    Ashley Starks
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2089 Canal St, Port Arthur, TX 77640
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!