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    OFF-MARKET
    Land

    0 Lake Arthur Dr, Port Arthur, TX 77642

    9 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 9-acre property in Port Arthur, Texas, presents a unique development opportunity. Located on Lake Arthur Dr, in Jefferson County (zip code 77642), this land is zoned for Residential/Specific Use, offering considerable flexibility for various projects. A significant portion, approximately 1.5 acres, falls within the desirable Port Neches Groves School District, a key selling point for potential residential developments. The property's designation as a "Planned Development" zone within the City of Port Arthur signifies its readiness for innovative projects. The expansive lot size provides ample space for a variety of residential constructions, from single-family homes to multi-family dwellings or other permitted uses. The property's APN is 034485-000-000300-00000. This is a rare chance to acquire a substantial parcel of land in a growing area, poised for significant appreciation. The asking price is $995,000. Serious inquiries only.

    Property profile
    Verified
    Property type Land
    Lot 9 ac (392,040 SF)
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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