5213 Spencer Hwy Pasadena, TX 77505
Commercial property on Spencer Highway suitable for various business uses.
- Added:
- May 15, 2026
- Days on Market:
- 58
- Last Refresh:
- Jul 4 at 2:34 pm
Property Features for 5213 Spencer Hwy
General Information
- Standard status
- Active
- Size
- 19,936 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1983
Listing office Qualified Properties Inc (713) 947-8023
Listing date May 15, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Qualified Properties Inc
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location on Spencer Highway with high visibility
- Excellent connectivity and accessibility
- Flexible zoning suitable for office, industrial, retail, or mixed‑use
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $358.8k | $18.00 |
| − Vacancy | −$21.5k | −$1.08 |
| EGI | $337.3k | $16.92 |
| − OpEx | −$101.2k | −$5.08 |
| NOI | $236.1k | $11.84 |
