5849 Proctor - To Be Determined Port Arthur, TX 77642
- Land
Current Use by Public Records
- Land
Property Details for 5849 Proctor - To Be Determined
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 18-acre industrial waterfront property in Jefferson County, Texas, presents a unique investment opportunity. Two development options are available: a 12-acre parcel with 500 linear feet of waterfront, or the entire 18-acre tract boasting 825 linear feet of waterfront access. The property features a dock with approximately 12-14 feet of water depth, quickly sloping to 20 feet. A designated spoils site for dredging is already established, complemented by recently installed riprap and 32-inch diameter, 60-foot long monopiles along the entire waterfront. A U.S. Army Corps of Engineers permit allows dredging to a depth of 45 feet, enabling berthing of Panamax ships. Strategically located at waterway mile marker 280 within Port Arthur city limits, the site benefits from readily available city water, natural gas, and sewer services. Three-phase 480-volt electricity is on-site. Ground core samples reveal medium to dense clay at a depth of 2 feet. An abandoned rail spur easement presents potential for pipeline right-of-way. Portions of the property are elevated and have never experienced flooding. The property is zoned "Industrial" by the City of Port Arthur. This is a rare opportunity to acquire a fully-serviced, deep-water industrial site with significant development potential. The property includes two existing building suites.
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
- -93.8961
- Latitude
- 29.9052
