5850 Memorial Blvd Port Arthur, TX 77642
- Land
- 62.12 lot acres
Current Use by Public Records
- Land
Property Details for 5850 Memorial Blvd
- Lot size
- 62.12 lot acres
- Property type
- Land
Description
This exceptional 62.12-acre commercial land parcel in Port Arthur, Texas, presents a remarkable investment opportunity. Located at 5850 Memorial Blvd, Jefferson County, zip code 77642, this property boasts significant highway frontage along Highways 69, 96, and 287, accessible via the Jimmy Johnson exit or 60th Street. The site offers approximately 1860 feet of frontage on the major highways and an additional 1000 feet along 60th Street, ensuring high visibility and accessibility. Zoned PD-12, the property allows for a wide range of commercial uses, making it ideal for mixed-use development. A key feature is a 19-acre main lake with a depth of 20 feet, stocked with fish for over 20 years. The property's strategic location benefits from a high traffic count, with a Texas Department of Transportation (TxDOT) reported Annual Average Daily Traffic (AADT) of 48,388 vehicles. Furthermore, its proximity to a new high school, elementary school, city parks, and soccer fields adds to its appeal. The land is currently under agricultural exemption. The seller is willing to subdivide the property. This prime location and versatile zoning make this a truly unique opportunity for significant commercial development. Asking price is $3,125,000.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Port Arthur
- County
- Jefferson
- State
- Texas
- Longitude
- -93.9637
- Latitude
- 29.925
