Port Arthur C-Store For
For Sale
Contact for pricing
5266 Gulfway Dr, Port Arthur, TX 77642
C-Store on +/- 0.90 acres available in Port Arthur.
Property Size3,111 SF
Lot Size0.90 Acres
Price / SF$514.30
Days on Market1173
Property Features for 5266 Gulfway Dr
General Information
Standard status
Active
Size
3,111 SF
Lot size
0.90 Acres
Property subtype
Retail
Listing Agency:
Texas Commercial Real Estate Services
(713) 824-3799
Listed By:
Doug Larson · License #TX
Source:
Crexi
Added: Jun 9, 2023
Changed: Aug 19
Last Checked: Aug 23 at 11:43AM
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 Texas Commercial Real Estate Services
Investment Insights
Based on property information with market context.
A convenience store located in Port Arthur, Texas, is available for sale. The property is situated on approximately 0.90 acres and includes a building with a size of 3111 square feet. The property is suitable for commercial real estate and retail purposes.
Key Highlights
- Price reduced
- C‑Store (Convenience Store) for sale
- Located in Port Arthur
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$49,690
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$993,800
$993.8K
Cap Rate 7%
$709,857
$709.9K
Cap Rate 9%
$552,111
$552.1K
Market Conditions
NOI Build-Up for 3,111 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$75.0K $24.12/SF
− Vacancy
−$4.1K −$1.30/SF
EGI
$71.0K $22.82/SF
− OpEx
−$21.3K −$6.85/SF
NOI
$49.7K $15.97/SF
Area
Jefferson County, TX
Vacancy
5.40%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$993,800
Cap Rate 7%
$709,857
Cap Rate 9%
$552,111
Alternative Uses
Best Use
Retail
$709.9K
$621.1K – $828.2K
NOI $49,690 @ 7.0% cap · market cap 3.11%
Second Best
Specialty Retail
$627.9K
$549.4K – $732.6K
NOI $43,953 @ 7.0% cap · market cap 2.75%
Theoretical Best
Multifamily LT 5
$34.95M
$30.58M – $40.78M
NOI $2,446,737 @ 7.0% cap · market cap 152.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
281
Businesses Nearby
3k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Electronics 100%
Cricket Wireless Authorized Retailer
Electronics
2,929 visits/mo
0.4 miles
Demographics for 77642, TX
39,017
Population
16,234
Households
2.4
Avg Household Size
34
Median Age
11%
College-Educated
74%
High-School Grad
19.7 sq mi
ZIP Area
1,981
Density / Sq Mi
$41,677
Median Household Income
$35,108
Median Earnings
$944
Median Rent
$96,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- La Viva Carniceria,Supermarket,washateria — 1049 Stadium Rd, Port Arthur, TX 77642
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - C-Store on +/- 0.90 acres available in Port Arthur.
Where is this grocery and convenience store located?
The property is located at 5266 Gulfway Dr Port Arthur, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Price reduced; C‑Store (Convenience Store) for sale; Located in Port Arthur
