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    5803 Spencer Hwy Pasadena, TX 77505

    For Sale
    $650,000

    0.67-acre commercial property in Pasadena, TX, ideal for development.

    Lot size:
    0.68 Acres

    Property Features for 5803 Spencer Hwy

    General Information

    Lot size
    0.68 Acres

    Source: Iglesias Realty, LLC Agent Carlos Iglesias

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pasadena Commercial Property For Sale

    This 0.67-acre commercial property is located at 5803 Spencer Hwy, Pasadena, TX 77505. Positioned along Spencer Highway, a commercial corridor with traffic flow and access to major highways, the location offers exposure and accessibility. It is suitable for retail, office, multifamily, or mixed-use development. All essential utilities are in place. The property is close to retailers, dining options, schools, and residential neighborhoods.
    Insight Report Location Intelligence

    Current Use by Public Records

    Alpine Portable Buildings Construction Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Harris
    State
    Texas
    Longitude
    -95.15242
    Latitude
    29.666162

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    FAQs

    What type of property is this?
    Commercial land - 0.67-acre commercial property in Pasadena, TX, ideal for development.
    Where is this commercial land located?
    The property is located at 5803 Spencer Hwy Pasadena, TX.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Prime 0.67-acre commercial property in Pasadena, TX.; - Strategic location on Spencer Highway with high traffic flow and easy highway access.; - Versatile area suitable for retail, office, multifamily, or mixed-use development.
    (281) 250-4991
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5803 Spencer Hwy Pasadena, TX 77505
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