4914 Spencer HwyPasadena, TX 77505

For Sale
$830,000

1.11 Acres, High Traffic, Multi-Use Potential

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 1.113-acre commercial land parcel, situated at 4914 Spencer Highway in Pasadena, Texas 77505, presents a remarkable investment opportunity. Boasting a desirable rectangular shape and 161 feet of frontage on Spencer Highway, this property offers unparalleled visibility and accessibility. The site is conveniently located near Beltway 8 and Red Bluff, ensuring easy access to major transportation arteries. With an estimated daily traffic count exceeding 30,000 vehicles, this location is ideal for a variety of commercial uses, including quick-service restaurants (QSRs), restaurants, retail establishments, or office spaces. The land encompasses 48,470 square feet and is priced at $17-$25 per square foot, totaling $830,000. While utilities are available, the property requires detention. Importantly, there is no existing zoning, providing flexibility for diverse development plans. This multi-purpose tract presents a unique chance to capitalize on a high-traffic location and create a thriving commercial venture. The property's size and location make it an attractive prospect for developers seeking a prime site in a bustling area of Pasadena. Serious inquiries are encouraged.

Highlights

  • 1.113-acre site (surveyed).
  • Utilities available on-site.
  • Detention required for development.
  • High traffic count: 30,000+ cars per day on Spencer Highway.
  • Suitable for quick-service restaurants, restaurants, retail, or office uses.
  • Versatile multi-use parcel.

Location Insight

City
Pasadena
County
Harris
State
Texas
Latitude
29.665332311705
Longitude
-95.168372057578
4914 Spencer Hwy, Pasadena, Texas

FAQs

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4914 Spencer Hwy
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