2301 Highway 365
Port Arthur, TX 77640 Port Arthur/Groves

$2,395,000 USD

Land For Sale • 11 AC

Property Details

Property Type Land
Lot Size 11 AC
Zoning Light Commercial

50 Walk Score

Description

PROPERTY HIGHLIGHTS CALL FOR OFFERS DUE AUGUST 28TH AT 5;00 PM.

• Total Size: ±11 Acres
• Address: 2301 FM 365, Port Arthur, TX 77640
• Legal Description: Hillcrest 2 LT 16, LT17 BLK 8
• APN: 46501
• Zoning: Commercial
• Purchaser to pay for Title Policy and any purchaser brokerage commissions.  Seller to deliver all due diligence materials 
• Utilities: To site
• Drainage: Approved detention and drainage plan in place. Detention needs to be constructed.
• Access Improvements: New curb cuts and TxDOT?–approved deceleration lane
• Terms: Cash at Closing

                
                    Highlights
                
                                11 approved acres on Port Arthur's busiest retail corridor, featuring in-place utilities, drainage signed off, and TxDOT access already on the plans. 
                            
                                Located in a planned development district (retail, multifamily, hotels) & supports various commercial uses (hotel, strip center, restaurant, office).
                            
                                Through seller financing, the buyer can move directly to vertical construction without losing 12 to 18 months to predevelopment.  
                            
                                Multiple points of access approved, 700 feet of highway frontage, and a dedicated easement on the front allow maximum site usage for development.  
                            
                                2301 Highway 365 is embedded in a dense residential hub with more than 15.5K households boasting an average income of over $93K in a 3-mile radius.