3851 11Th Ave Port Arthur, TX 77642
- Warehouses
- 7,600 SF
Current Use by Public Records
- Warehouses
Property Details for 3851 11Th Ave
- Property size
- 7,600 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
Description
Exceptional investment opportunity: This 7,600 square foot self-storage warehouse in Port Arthur, Texas, is offered at $299,000 ($39.34/sq ft, $18,687.50/unit). The property boasts 16 units currently operating at 100% occupancy, generating a stable income stream for over a decade with no prior rent increases. Situated on a 31,500 square foot lot at the corner of 26th Street and 11th Avenue (though the legal address is 3851 11th Avenue, using 2651 11th Avenue in mapping apps will provide accurate directions), this facility presents significant growth potential through the addition of more storage units. The current owner operates a lawn maintenance business on-site, which will be removed upon sale if requested by the buyer. The property is a gross lease, multi-tenancy industrial/self-storage warehouse in Jefferson County. This is a remarkable opportunity to capitalize on the thriving Port Arthur self-storage market. Note: While the legal address is 3851 11th Avenue, using 2651 11th Avenue in mapping applications will lead to the correct location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Port Arthur
- County
- Jefferson
- State
- Texas
- Longitude
- -93.9276
- Latitude
- 29.9151
