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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
600 Gulfway Dr Port Arthur, TX 77640-3123
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US82-2150198
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1991
Total area
2,592 SF
Lot
0.48 ac (20,996 SF)
APN
053450-000-004200-00000
UPID
US82-2150198
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
-
Chevron Gas Station
-
Joe's Speedy Mart Grocery & Convenience Store
-
ATM (ATM Link, Inc.) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
True Sthrn R & E LLC · 7 yrs held
True Sthrn R & E LLC
since 2019
6 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$10,528
Tax year 2023
Assessed value
$360,422
Assessed 2023
Previous assessed
$360,422
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$11,018
Assessed improvement
$349,404
Land market value
$11,018
Improvement market value
$349,404
Total market value
$360,422
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1991
Heating
NONE
Stories
1
Total area
2,592 SF
Lot
0.48 ac (20,996 SF)
APN
053450-000-004200-00000
UPID
US82-2150198
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
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
True Sthrn R & E LLC
Entity
Mailing address
85 INTERSTATE 10TH N STE #109, BEAUMONT, TX 77707-2560
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 29, 2024
—
True Southern Real Estate LLC
—
Deed
related
$600,000 · First Financial Bank NA
Nov 23, 2020
—
True Sthrn R & E LLC
—
Deed
related
$1,000,000 · Sei Fuel Svcs INC
Mar 14, 2019
—
True Sthrn R & E LLC
Izzy Properties INC
Grant Deed
$600,000 · Mint Nat'l Bk
Jul 18, 2011
—
Izzy Properties INC
Ahmed Realty II Ltd
Warranty Deed
$600,000 · Mint National Bank
May 23, 2008
—
Ahmed Realty II Ltd
—
Trustees Deed
related
$100,000 · Prosperity Bank
—
—
True Sthrn R & E LLC
—
Deed Of Trust
related
$1,000,000 · Sei Fuel Svcs INC
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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