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    Pasadena, TX Hospitality Properties for Sale

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    Prime Commercial Land For Sale
    Updated: Sep 26, 2022
    Prime Commercial Land For Sale

    4914 Spencer Highway, Pasadena, TX 77505

    $830,000
    1.11 AC lot
    High Traffic Location: +/- 30,000+ CPD on Spencer Hwy
    Multi‑Purpose Tract ideal for QSR, Restaurant, Retail, Office, or Motel
    Utilities Available
    Great Rectangular Dimensions for development
    161’ Frontage On Spencer Highway
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 35 Potential Opportunities for your consideration. Besides 1 Active listings in Pasadena, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 27 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Kemah Boardwalk Hospitality Opportunity
    Kemah Boardwalk Hospitality Opportunity

    507 8th Street, Kemah, TX 77565

    $2,000,000
    5,000 sqft

    Bed & Breakfast and event location in Kemah Boardwalk district.

    View details
    Site-Improved Commercial Land
    Site-Improved Commercial Land

    200 W 6th St, Kemah, TX 77565

    $1,500,000

    Concrete paving, lighting, fencing, and curb cuts support multiple development concepts.

    View details
    Airport Blvd Hospitality Redevelopment Opportunity
    Airport Blvd Hospitality Redevelopment Opportunity

    9005 Airport Blvd # 141, Houston, TX 77061

    $2,000,000

    Former Motel 6 near Hobby Airport for value-add redevelopment.

    View details
    Red Roof Inn & Suites
    Red Roof Inn & Suites

    9902 Gulf Fwy # 128, Houston, TX 77034

    $4,700,000

    136-key hotel near Hobby Airport with strong revenue.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    San Leon Development Opportunity
    San Leon Development Opportunity

    333 24th St, San Leon, TX 77539

    $229,000
    2.00 AC lot

    Cleared 2+ acre land near the Bay, Kemah, and Galveston.

    View details
    Inner Loop Land Available
    Inner Loop Land Available

    7701 Washington Ave, Houston, TX 77007

    Contact for pricing
    7.70 AC lot

    Prime land ideal for hotel, retail, medical, or office.

    View details
    Cleared Commercial Land For Sale
    Cleared Commercial Land For Sale

    000 Townsen Boulevard E, Humble, TX 77338

    $563,800
    2.00 AC lot

    2 acres of development-ready land on Townsen Boulevard in Humble.

    View details

    Off-Market Properties in Pasadena, TX

    Consider similar Off-Market properties in Pasadena, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1202 Pasadena Blvd, Unit 90
    HOTEL

    1202 Pasadena Blvd, Pasadena, TX 77506-4725

    Unit 90
    Estimated value:
    $300,000
    9,640 sqft 1.89 AC lot
    View details
    3640 Sam Houston S Pkwy, Unit 70
    HOTEL/MOTEL

    3640 Sam Houston S Pkwy, Pasadena, TX 77505-3102

    Unit 70
    Estimated value:
    $1,140,000
    44,589 sqft 1.48 AC lot
    View details
    2205 Pasadena Fwy, Unit 63
    HOTEL/MOTEL

    2205 Pasadena Fwy, Pasadena, TX 77506-1601

    Unit 63
    Estimated value:
    $975,000
    36,868 sqft 1.61 AC lot
    View details
    4703 Spencer Hwy, Unit 85
    HOTEL/MOTEL

    4703 Spencer Hwy, Pasadena, TX 77505-1501

    Unit 85
    Estimated value:
    $405,000
    12,821 sqft 2.00 AC lot
    View details
    122 Richey St, Unit 72
    HOTEL/MOTEL

    122 Richey St, Pasadena, TX 77506-1030

    Unit 72
    Estimated value:
    $1,005,000
    48,776 sqft 2.04 AC lot
    View details
    5450 Vis Rd, Unit 96
    HOTEL/MOTEL

    5450 Vis Rd, Pasadena, TX 77505-2262

    Unit 96
    Estimated value:
    $1,355,000
    78,142 sqft 3.51 AC lot
    View details
    3490 Sam Houston S Pkwy, Unit 63
    HOTEL/MOTEL

    3490 Sam Houston S Pkwy, Pasadena, TX 77505-2330

    Unit 63
    Estimated value:
    $780,000
    37,854 sqft 1.38 AC lot
    View details
    114 Richey St, Unit 140
    HOTEL/MOTEL

    114 Richey St, Pasadena, TX 77506-1030

    Unit 140
    Estimated value:
    $1,135,000
    58,583 sqft 2.79 AC lot
    View details
    2601 Spencer Hwy, Unit 59
    HOTEL/MOTEL

    2601 Spencer Hwy, Pasadena, TX 77504-1017

    Unit 59
    Estimated value:
    $555,000
    37,277 sqft 1.25 AC lot
    View details
    4711 Sam Houston S Pkwy, Unit 104
    HOTEL/MOTEL

    4711 Sam Houston S Pkwy, Pasadena, TX 77505-3962

    Unit 104
    Estimated value:
    $1,690,000
    74,027 sqft 2.56 AC lot
    View details
    5400 Vis Rd, Unit 49
    HOTEL/MOTEL

    5400 Vis Rd, Pasadena, TX 77505-2262

    Unit 49
    Estimated value:
    $585,000
    29,452 sqft 1.38 AC lot
    View details
    711 Pasadena Fwy, Unit 68
    HOTEL/MOTEL

    711 Pasadena Fwy, Pasadena, TX 77506-1413

    Unit 68
    Estimated value:
    $395,000
    2,300 sqft 1.03 AC lot
    View details
    5119 Pne Ave, Unit 4
    HOTEL/MOTEL

    5119 Pne Ave, Pasadena, TX 77503-3730

    Unit 4
    Estimated value:
    $260,000
    1,440 sqft 1.14 AC lot
    View details
    4222 Spencer Hwy, Unit 44
    HOTEL/MOTEL

    4222 Spencer Hwy, Pasadena, TX 77504-1211

    Unit 44
    Estimated value:
    $540,000
    18,516 sqft 0.81 AC lot
    View details
    817 Pasadena Fwy, Unit 28
    HOTEL/MOTEL

    817 Pasadena Fwy, Pasadena, TX 77506-1229

    Unit 28
    Estimated value:
    $520,000
    15,659 sqft 0.89 AC lot
    View details
    823 Pasadena Fwy, Unit 40
    HOTEL/MOTEL

    823 Pasadena Fwy, Pasadena, TX 77506-1229

    Unit 40
    Estimated value:
    $635,000
    19,360 sqft 1.42 AC lot
    View details
    5316 Spencer Hwy, Unit 30
    HOTEL/MOTEL

    5316 Spencer Hwy, Pasadena, TX 77505-1514

    Unit 30
    Estimated value:
    $535,000
    16,600 sqft 1.00 AC lot
    View details
    4840 Spencer Hwy, Unit 21
    HOTEL/MOTEL

    4840 Spencer Hwy, Pasadena, TX 77505-1504

    Unit 21
    Estimated value:
    $725,000
    23,104 sqft 1.39 AC lot
    View details
    7414 Spencer Hwy
    HOTEL/MOTEL

    7414 Spencer Hwy, Pasadena, TX 77505-1812

    Estimated value:
    $225,000
    1,078 sqft 7.34 AC lot
    View details
    4741 Sam Houston S Pkwy, Unit 90
    HOTEL/MOTEL

    4741 Sam Houston S Pkwy, Pasadena, TX 77505-3962

    Unit 90
    Estimated value:
    $1,550,000
    64,628 sqft 2.69 AC lot
    View details
    3450 Sam Houston S Pkwy, Unit 81
    HOTEL/MOTEL

    3450 Sam Houston S Pkwy, Pasadena, TX 77505-2330

    Unit 81
    Estimated value:
    $1,270,000
    43,672 sqft 1.60 AC lot
    View details
    5150 Sam Houston S Pkwy, Unit 123
    HOTEL

    5150 Sam Houston S Pkwy, Pasadena, TX 77505-3914

    Unit 123
    Estimated value:
    $1,505,000
    69,364 sqft 2.60 AC lot
    View details
    1012 Red Blf Rd, Unit 34
    HOTEL/MOTEL

    1012 Red Blf Rd, Pasadena, TX 77506-1518

    Unit 34
    Estimated value:
    $385,000
    8,856 sqft 2.28 AC lot
    View details

    Pasadena, TX Hospitality Properties Market Trends and Statistics

    Explore 28 hospitality properties for sale in Pasadena, TX on our real estate platform.

    Sale prices for hospitality properties in Pasadena, TX average $830,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 1

    Demographics Overview

    Population 145K
    Population Growth (5Y) -3.0%
    Median Household Income $62,665
    College Educated 21.2%

    High-Yield Neighborhoods for Investment

    Identify Pasadena submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    77505 $830K

    Taxes & Financing

    Tax Rate (average for all types) 1.15%
    Property Tax per SF $13.50 per SF
    Tax Rate vs County Average 0.25 pp below county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Pasadena fall within the 100,000+ square foot range.

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