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    8 Honeywood Ct Port Arthur, TX 77642

    For Sale
    $60,000

    Prime Port Arthur Commercial Lot, $60,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.45-acre commercial land parcel, identified as Lot 8 in Honeywood Office Park, presents a remarkable investment opportunity in Port Arthur, Texas. Strategically located between Honeywood Court and Turtle Creek Drive, this property boasts a highly desirable Light Commercial (LC) zoning designation. This zoning allows for a diverse range of commercial uses, making it an ideal site for various businesses. Potential uses include, but are not limited to, office spaces, retail establishments, cafes, salons, florists, furniture stores, credit unions, or specialty shops. The central location ensures high visibility and accessibility, providing significant advantages for attracting customers and clients. The expansive lot size offers ample space for development, allowing for flexibility in design and construction to meet specific business needs. With its prime location and versatile zoning, this property represents a rare chance to acquire a valuable asset in a thriving commercial area. The address is Lot 8 Honeywood Court, 912 Turtle Creek Drive, Port Arthur, TX 77642. The asking price for this exceptional property is $60,000. This is a turnkey opportunity for entrepreneurs and investors seeking a strong foothold in the Port Arthur market. Don't miss this chance to secure this exceptional commercial land parcel.

    Property Features for 8 Honeywood Ct

    General Information

    Property type
    Land
    Lot Size
    19,602 SF

    HighLights

    • 0.45‑acre commercial lot in Port Arthur, TX, Lot 8 Honeywood Office Park.
    • Light Commercial (LC) zoning allows diverse commercial uses.
    • High visibility location between Honeywood Court and Turtle Creek Drive.
    • Ample space for development to meet specific business needs.
    • Asking price: $60,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Port Arthur
    County
    Jefferson
    State
    Texas
    Longitude
    -93.979995556174
    Latitude
    29.949891933436

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    FAQs

    What type of property is this?
    Land - Prime Port Arthur Commercial Lot, $60,000
    Where is this land located?
    The property is located at 8 Honeywood Ct Port Arthur, TX.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: 0.45-acre commercial lot in Port Arthur, TX, Lot 8 Honeywood Office Park.; Light Commercial (LC) zoning allows diverse commercial uses.; High visibility location between Honeywood Court and Turtle Creek Drive.
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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
    8 Honeywood Ct Port Arthur, TX 77642
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