Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2146 5Th Ave Port Arthur, TX 77642
    Property profile & analytics

    2146 5Th Ave, Port Arthur, TX 77642

    View on Map
    • Warehouses
    • 8.14 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pat Tank / Construction Company / General Contractor

    Property Details for 2146 5Th Ave

    Year built
    1978
    Lot size
    8.14 lot acres
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional investment opportunity presents a 45,062-square-foot warehouse in Port Arthur, Texas, situated on an 8.14-acre lot at 2146 5th Ave, 77642. The property boasts 10 dock-high doors and 30 parking spaces. Currently 100% occupied by a single tenant under a 20-year absolute triple net (NNN) lease, this sale-leaseback offers a compelling 8.50% capitalization rate with a strong NOI of $286,144. The lease includes a 2.5% annual rent increase, providing consistent income growth. Lease options include four 5-year terms or two 10-year terms. The tenant, specializing in above-ground storage tank construction, repair, and maintenance, serves key industries including petroleum, agriculture, power generation, and chemicals. The property, built in 1978, is zoned for Special Use Permit (SUP) and benefits from its strategic location between Houston and Lafayette, directly off Highway 10, with potential for future expansion. The tenant's financial profile is strong, and the property is mission-critical to their operations. Significant investment has been made in the facility's machinery and equipment. This is a rare opportunity to acquire a stable, high-yielding industrial asset with a long-term, secure lease.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Port Arthur
    County
    Jefferson
    State
    Texas
    Longitude
    -93.9288
    Latitude
    29.9066

    Comparable in this City

    • Value Estimation by Request
      7,600 SF

      3851 11Th Ave

      Self storage facilities
      3851 11Th Ave, Port Arthur, TX 77642
      View Details
    • Value Estimation by Request
      1,340 SF

      4220 9Th Ave

      Distribution properties
      4220 9Th Ave, Port Arthur, TX 77642
      View Details
    • Value Estimation by Request
      14.00 Acres

      5850 Procter St

      Flex space
      5850 Procter St, Port Arthur, TX 77642
      View Details
    • Value Estimation by Request
      306.00 Acres

      73 Humble Is Hwy

      Land
      73 Humble Is Hwy, Groves, TX 77642
      View Details
    • Value Estimation by Request

      5849 Proctor - To Be Determined

      Land
      5849 Proctor - To Be Determined, Port Arthur, TX 77642
      View Details
    • Value Estimation by Request
      5.00 Acres

      Port Arthur Rd

      Land
      0 Port Arthur Rd, Port Arthur, TX 77642
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      14,000 SF

      Port Arthur Industrial Facility For Sale

      14,000 SF industrial facility in Port Arthur's industrial corridor.
      3024 Commerce St, Port Arthur, TX 77642
      View Details
    • Contact for pricing

      Highway 73 Tract For Sale

      5.5-acre tract zoned Planned Development with highway frontage.
      4400 Highway 73, Port Arthur, TX 77642
      View Details
    • Contact for pricing

      Industrial Building on 0.84 Acres

      14,000 SF industrial building on 0.84 acres.
      3024 Commerce St, Port Arthur, TX 77642
      View Details
    • $249,999
      7,600 SF

      Port Arthur Self-Storage Facility

      Self-storage facility with 16 units, ideal for investors.
      3851 11Th Ave, Port Arthur, TX 77642
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      4000 Jimmie Johnson, Port Arthur, TX 77642
      View Details
    • Contact for pricing

      Prime Land Opportunity in Texas

      1.25 acre commercial land for sale in Port Arthur.
      2949 Procter St, Port Arthur, TX 77642
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      High-Traffic Location on 9th Ave

      Prime location suitable for diverse businesses in Port Arthur, TX.
      8801 9Th Ave, Port Arthur, TX 77642
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available for lease in Port Arthur, Texas.
      3100 Highway 365, Port Arthur, TX 77642
      View Details
    • Contact for pricing

      High-Traffic Corner Commercial Space

      Commercial space in high-traffic area near national tenants.
      4700 Fm 365 Rd, Port Arthur, TX 77642
      View Details
    • Contact for pricing
      2,301 SF

      Office Space in Business Center

      2,511 SF office space in a well-established business center.
      3915 Twin City Hwy, Port Arthur, TX 77642
      View Details
    • Contact for pricing
      600 SF

      Retail Development on Hwy 365

      Retail spaces available in new development on a well-traveled corridor.
      3400 Fm 365 Rd, Port Arthur, TX 77642
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2146 5Th Ave
    Port Arthur, TX 77642
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2146 5Th Ave, Port Arthur, TX, 77642
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!