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Property profile & analytics
OFF-MARKET
Estimated value
$5,780,000
Investment properties
5860 9th Ave Port Arthur, TX 77642-6011
Entity Owned
5-yr Hold
Free & Clear
Property ID
US82-0353395
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1995
Total area
41,448 SF
Lot
3.51 ac (153,070 SF)
APN
049400-000-037700-00000
UPID
US82-0353395
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
Current use
Occupant on record · Public records
-
City of Port Arthur Health Department Public Health Department
-
Port Arthur WIC Office Physician
-
Rehabilitation Services Health
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.46M
Comparable Approach
Comparable
$5.11M
Blend (final)
Blend
$5.78M
Owner & transaction history
City Of Port Arthur · 5 yrs held
City Of Port Arthur
since 2020
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Port Arthur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Arthur submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,995,000
6.5%
$6,455,000
7%
$5,995,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,035,000
Current use
RETAIL STORES
$4,905,000
Change: -3% · Conversion: Easy
RESTAURANT
$4,905,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$5.78M
Range $5.20M – $6.36M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$139 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2018Property tax & assessments
Tax year 2018
Tax billed
$30,749
Tax year 2018
Assessed value
$2,106,000
Assessed 2023
Previous assessed
$1,730,709
+21.7% YoY
Effective rate
1.46%
On assessed value
Assessed land
$283,659
Assessed improvement
$1,822,341
Land market value
$283,659
Improvement market value
$1,822,341
Total market value
$2,106,000
Applied tax rate
109.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1995
Heating
NONE
Stories
1
Total area
41,448 SF
Lot
3.51 ac (153,070 SF)
APN
049400-000-037700-00000
UPID
US82-0353395
Jurisdiction
JEFFERSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$5.0M
RETAIL STORES
Est. value
$4.9M
RESTAURANT
Est. value
$4.9M
COMMERCIAL (GENERAL) Current
RETAIL STORES
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Stories
1
Lot
3.51 ac
Current owner
From public records · entity-resolved
City Of Port Arthur
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 1089, PORT ARTHUR, TX 77641-1089
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2020
—
City Of Port Arthur
T-major LLC
Grant Deed
related
—
Dec 28, 2016
—
T-major LLC
Austin James D
Grant Deed
related
—
Jul 6, 2005
—
Port Arthur 2000 Ltd
Ge Coml Finance Busn Prop Cor
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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