Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    501 High Seas Port Arthur, TX 77640

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $70,000

    Vacant lot on Pleasure Island, ideal for custom home.

    Type:Land
    Added:
    Apr 11, 2026
    Days on Market:
    8
    Last Refresh:
    Apr 11 at 6:32 am

    Property Features for 501 High Seas

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Sarah Atchison

    Listing agent Sarah Atchison

    Listing office

    Listing date Apr 11, 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 Sarah Atchison

    Overview

    Pleasure Island Waterfront Land

    This vacant lot is located on Pleasure Island, offering a setting suitable for a custom home, vacation retreat, or investment property. The location provides access to Sabine Lake, fishing, boating, and the Pleasure Island Marina. The lot is situated in a growing waterfront community. Port Arthur is nearby, and Beaumont is a little farther, providing access to amenities, dining, and entertainment.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Hotel & Motel Department Store Bar & Pub 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
    -93.922398
    Latitude
    29.86988

    Nearby Similar for Sale

    • $349,000

      Port Arthur Commercial Acreage For Sale

      2.7 acres of commercial/industrial land with highway frontage.
      000 W Port Arthur Rd, Port Arthur, TX 77640
      View Details
    • $299,900
      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
    • $379,000

      Commercial Acreage in Port Arthur

      1.27 acre commercial land with frontage and high traffic.
      W Port Arthur Rd, Port Arthur, TX 77640
      View Details
    • $60,000

      Commercial Lot in Port Arthur

      Commercial land for sale in a central Port Arthur location.
      Lot 6 Honeywood Trl, Port Arthur, TX 77642
      View Details
    • $60,000

      Commercial Land in Port Arthur

      Commercial land centrally located near various businesses and amenities.
      Lot 5 Honeywood Trl, Port Arthur, TX 77642
      View Details
    • $650,000
      295,435 SF

      Port Arthur Land for Sale

      6.7-acre tract zoned for high-density residential development.
      7051 Lake Arthur Dr, Port Arthur, TX 77642
      View Details
    • $105,900

      Residential Lot in Port Arthur

      0.72 acre lot with city utilities in Port Neches ISD.
      4721 Rice Farm Rd., Port Arthur, TX 77642
      View Details
    • $114,900
      24,836 SF

      Port Arthur Commercial Lot For Sale

      Commercial lot in Port Arthur, Texas, totaling approximately 0.57 acres.
      2145 memorial Blvd, Port Arthur, TX 77640
      View Details
    • $75,000
      17,646 SF

      Port Arthur Commercial Land Available

      Centrally located commercial land suitable for various business purposes.
      Lot 2 Honeywood Ct, Port Arthur, TX 77642
      View Details
    • $60,000

      Commercial Land in Port Arthur

      Prime commercial land suitable for various business ventures.
      Lot 8 Honeywood Ct, Port Arthur, TX 77642
      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

      Commercial Land in Prime Location

      Commercial land centrally located near businesses and amenities.
      Lot 2 Honeywood Ct, Port Arthur, TX 77642
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Vacant lot on Pleasure Island, ideal for custom home.
    Where is this waterfront land located?
    The property is located at 501 High Seas Port Arthur, TX.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: Vacant lot on Pleasure Island suitable for custom home, vacation retreat, or investment property.; Easy access to Sabine Lake, world‑class fishing, and boating.; Proximity to Pleasure Island Marina.
    (832) 260-3743
    We can help!
    Listing Contact
    Sarah Atchison
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!