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Property profile & analytics
OFF-MARKET
Land

5849 Proctor - To Be Determined Port Arthur, TX 77642

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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