5850 Procter St Port Arthur, TX 77642
This exceptional industrial property in Port Arthur, Texas, offers unparalleled waterfront access and development potential. Situated on 14 acres (with options for 18 acres) at waterway mile marker 280 within city limits, this single-tenant site boasts 500 lineal feet of dock frontage (expandable to 825 lineal feet). The property features a 12-14 foot depth at the dock, quickly sloping to 20 feet, making it suitable for various vessels. Recent improvements include new riprap along the entire waterfront and the installation of new monopiles (32" diameter/60' length with 25' above mudline/7/8" wall thickness). A Corps permit allows dredging up to 45 feet deep, accommodating Panamax ships. The site benefits from existing infrastructure including 3-phase 480-volt electricity, city water, natural gas, and sewer access nearby. Ground core samples reveal medium to dense clay at 2 feet. An abandoned rail spur easement presents potential for pipeline right-of-way. Parts of the property are elevated and have never experienced flooding. The property is zoned Industrial and offers a common spoils site for maintenance dredging. This unique opportunity combines prime location, substantial waterfront access, and significant infrastructure advantages.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.