1700 Fm 365 Rd Port Arthur, TX 77640
This exceptional 5.47-acre parcel of land presents a prime opportunity for industrial development in Port Arthur, Texas. Located at 1700 FM 365, Jefferson County, zip code 77640, this property is zoned for Light Industrial use, although buyers must independently verify zoning suitability with the City of Beaumont for their intended purpose. The land is raw and ready for immediate development, offering significant potential for various industrial projects. Convenient ingress/egress access is already established via FM 365, ensuring seamless transportation and logistics. Furthermore, shared drainage detention is included, adding value and simplifying the development process. Essential utilities are readily available to the property, minimizing infrastructure hurdles. This strategic location also benefits from its adjacency to the Jimmy Johnson Extension project, extending to FM 365, promising enhanced connectivity and future growth potential. The asking price for this exceptional industrial land opportunity is $2,859,278. Don't miss this chance to acquire a substantial tract of land in a thriving industrial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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