5849 Proctor - To Be Determined Port Arthur, TX 77642
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.