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Additional details
$ 899,000
Est. payment /mo
Price Dropped by $100K
4400 Hwy 73 Port Arthur, TX 77642
5.5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Acreage
Listing Status Active
Purchase Type For Sale
MLS Listing ID 265706
Lot Size 5.500 Acres
Property Sub-Type Acreage
Property Description
Prime 5.5-Acre Highway 73 Tract zoned Planned Development. Development possibilities include hotel/motel, full-service or fast food restaurant, well-suited for light warehousing or distribution. Exceptional frontage (830 ft) for multiple access points (Txdot approval required). Incentives available --- Under the Texas Local Government Code the City may enter Developer Participation Contracts to reimburse developers for eligible public infrastructure costs — up to 30% of total costs for qualifying public improvements. Eligible improvements commonly include drainage systems (stormwater/flood control), water and sewer line installation, public streets (roads, sidewalks, related infrastructure), and public street lighting. This can materially reduce upfront infrastructure costs for hotel, restaurant or warehousing projects. City Council approval required.
Location
State TX
County Port Arthur 9
Area Port Arthur 9
Schools
School District Port Arthur
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Listed by Advantage Real Estate
Nearby Locations