Property profile

1348 9th Ave Port Arthur, TX 77642

OFF-MARKET
Investment properties
Property ID
US83-3428272
9,058 SF 0.91 ac lot Built 1953
Individually Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property located at 1348 9th Ave, Port Arthur, Texas 77642, presents a unique investment opportunity. The building, encompassing a substantial 9,058 square feet, is currently vacant and offers immense potential for redevelopment. Priced at $229,900, this translates to a price per square foot of $25.38. The property has already undergone some renovations, including gutting to the studs and the installation of some new electrical work. This provides a solid foundation for a future business owner to create their ideal space. Situated in Jefferson County, Texas, this retail building benefits from a prime location in Port Arthur. The property's size and existing improvements make it an attractive proposition for a variety of commercial ventures. The building is ready for a complete transformation, allowing for customization to suit any business plan. Serious inquiries are encouraged; all offers will be considered. This is a chance to acquire a large, well-located commercial space at an attractive price point, ready for a fresh start.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1953
Total area 9,058 SF
Lot 0.91 ac (39,596 SF)
APN 049400-000-033000-00000
UPID US83-3428272

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1348 9th Ave Port Arthur, TX 77642-3522
Port Arthur metro Census 6500 BEAUMONT-PORT ARTHUR, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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