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    2 Honeywood Ct Port Arthur, TX 77642

    For Sale
    $75,000

    Prime Commercial Lot, 17,646 sq ft

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 17,646 square foot commercial lot, located at Lot 2 Honeywood Court in Port Arthur, Texas, presents a remarkable opportunity for investors and entrepreneurs. Priced competitively at $75,000, this property is zoned LC (Light Commercial), offering a wide range of potential uses. Its central location within Port Arthur, Jefferson County, zip code 77642, ensures high visibility and accessibility. The property's versatility allows for diverse commercial ventures, including but not limited to offices, retail spaces, cafes, salons, florists, furniture stores, credit unions, or specialty shops. This is an ideal site for establishing a thriving business in a vibrant community. The lot's size provides ample space for construction and development, catering to various business needs and expansion plans. Seize this chance to acquire a strategically positioned commercial property in a growing Texas market. The coordinates are 29.949636206300948 latitude and -93.98144442021442 longitude. This is a for sale by owner opportunity.

    Property Features for 2 Honeywood Ct

    General Information

    Property type
    Land

    HighLights

    • $75,000 asking price.
    • 17,646 square foot commercial lot.
    • Located in Port Arthur, TX, 77642.
    • Light Commercial (LC) zoning.
    • For sale by owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Port Arthur
    County
    Jefferson
    State
    Texas
    Longitude
    -93.981444420214
    Latitude
    29.949636206301

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, 17,646 sq ft
    Where is this land located?
    The property is located at 2 Honeywood Ct Port Arthur, TX.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: $75,000 asking price.; 17,646 square foot commercial lot.; Located in Port Arthur, TX, 77642.
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    Realmo Value Estimation

    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.

    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.

    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
    2 Honeywood Ct Port Arthur, TX 77642
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