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    1103 Fairmont Pkwy Pasadena, TX 77504

    For Sale
    $269,000

    0.85-acre lot, build-to-suit opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.85-acre commercial land parcel presents a unique investment opportunity in Pasadena, Texas. Located at 1103 Fairmont Pkwy, this property (APN 0640240000061) is ideally suited for a variety of commercial developments. The asking price is $269,000. The lot's size offers ample space for a new construction project tailored to your specific business needs. Currently, there is no zoning designation assigned to the property. Situated in Harris County, Texas, with a 77504 zip code, this location provides convenient access to major transportation routes and a thriving local economy. The property's address is 1103 Fairmont Pkwy, Pasadena, TX. This is a single lot, offering a blank canvas for your vision. Seize this chance to build your dream commercial venture on this strategically located land. The property is being offered as an investment opportunity. This is a rare opportunity to acquire a sizable commercial lot in a desirable location. Don't miss out on this chance to build your future.

    Property Features for 1103 Fairmont Pkwy

    General Information

    Property type
    Land
    Lot Size
    37,026 SF

    HighLights

    • Price: $389,000
    • Land: 0.85‑acre commercial lot
    • Commercial Land Investment Opportunity
    • Proposed Use: (Information not provided)
    • Single Lot: 0.85 acres
    • Parcel ID: 0640240000061
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Harris
    State
    Texas
    Longitude
    -95.1948859
    Latitude
    29.6516427

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    FAQs

    What type of property is this?
    Land - 0.85-acre lot, build-to-suit opportunity.
    Where is this land located?
    The property is located at 1103 Fairmont Pkwy Pasadena, TX.
    What is the asking price?
    The asking price for this property is $269,000.
    What are key features of this property?
    This property features: Price: $389,000; Land: 0.85-acre commercial lot; Commercial Land Investment Opportunity
    (832) 978-1276
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    1103 Fairmont Pkwy Pasadena, TX 77504
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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
    1103 Fairmont Pkwy Pasadena, TX 77504
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