5021 Spencer HwyPasadena, TX 77505

For Sale
$1,800,000

Pasadena, TX Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 170,651 square foot commercial land parcel, located at 5021 Spencer Highway in Pasadena, Texas, presents a significant investment opportunity. Zoned NZ, this property offers unparalleled flexibility for a variety of commercial, industrial, or residential developments. Its prime location along a major thoroughfare ensures high visibility and significant daily traffic, attracting a substantial customer base. The surrounding area boasts a diverse mix of existing commercial and residential establishments, creating a thriving and dynamic environment. This property is ideally suited for developers and investors seeking to capitalize on the strong market demand and continued growth potential within Pasadena's vibrant business community. The asking price is $1,800,000. The property's strategic location, flexible zoning, and surrounding amenities combine to create a compelling investment prospect with potential for substantial returns. The Harris County location, with zip code 77505, offers easy access to major transportation routes and a robust infrastructure. This is a rare opportunity to acquire a large, well-positioned parcel of land in a rapidly growing Texas market. The APN is 061-207-014-0001.

Highlights

  • High-traffic location on Spencer Highway, Pasadena, offering excellent visibility for investors and developers.
  • Flexible zoning allows for retail, office, or restaurant development.
  • Strong surrounding commercial and residential activity ensures a consistent customer base.
  • Located in a rapidly growing area with a robust industrial presence.
  • Priced at $1.8M, with potential rental income of $15,000/month.

Location Insight

City
Pasadena
County
Harris
State
Texas
Latitude
29.665848
Longitude
-95.1661736
5021 Spencer Hwy, Pasadena, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
5021 Spencer Hwy
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message