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$695,000

NAL Estimated Property Value

000 MLK Drive/Pleasure Island, Port Arthur, TX, 77643

Off MarketInfo

About this property

Waterfront Commercial Property! Appx 460' of road frontage and appx 644' of water frontage per seller! Near Texas/Louisiana causeway bridge. The City of Port Arthur Zoning Ordinances allows so many possibilities for investors for this waterfront property! Marina (this property is waterfront), Multi-family dwellings (including condominiums), Assisted living facilities, Cemetery or Mausoleum, Place of Worship, School - trade school or vocational, Urgent Care or Emergency Room, Bar or Tavern, Event Center, Zoo, Parking lot(nearby industry expansion needs), Warehouse or storage facility, Dry boat storage, Gas station, Animal services (inside or outside pens), Grocery store or convenience store, Hotel or Motel, Laundromat, Self-Storage or Mini-Warehouse, Professional office space, Restaurant, Retail shops, Scientific and Research Laboratory, Art studio, Tattoo studio, Tobacco or Vape shop, Equipment yard, Commercial truck parking, storage or rep

Investor Tools

Property Icon
$695,000
Estimated Property Value
$0Estimated Mortgage Balance
$695,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Port Arthur

000 MLK Drive/Pleasure Island | Property Details | No Agent List