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30888959
30888958

4400 Hwy 73, Port Arthur, TX 77642

Advantage Real Estate
Listed by Advantage Real Estate
$999,000
85 days on market
Updated 63 days ago

4400 Hwy 73

Details
Property Type Land
Sub Type Commercial
Price Per Acre $218,182
Acreage 5.500
Zoning Planned Development

Land | 5.5 acres

Marketing 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.

Listing Contacts

Advantage Real Estate
Listed by Advantage Real Estate

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