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    1003 Olin Mathieson Rd Pasadena, TX 77506

    For Sale
    $35,000,000

    341 Acres, $35M, High Demand

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 341-acre land parcel presents a significant investment opportunity in the thriving industrial sector of Pasadena, Texas. Located at 1003 Olin Mathieson Road, 77506, this expansive property boasts a highly desirable location within Harris County, offering easy access to major transportation arteries and benefiting from the presence of established, notable neighboring businesses. The property is zoned for commercial and industrial uses, providing flexibility for a wide range of development projects. Its substantial size allows for significant scale and potential for substantial returns. The asking price for this prime piece of Texas real estate is $35,000,000. Detailed information, including site plans and zoning specifics, is available upon request. Given its size, location, and zoning, this property is ideally suited for large-scale industrial development, warehousing, or other commercial ventures. The central location within a high-demand industrial area ensures strong potential for future appreciation and rental income. This is a rare opportunity to acquire a substantial land holding in a strategically important location. Interested parties should act quickly to secure this exceptional investment. Further information can be provided to qualified buyers.

    Property Features for 1003 Olin Mathieson Rd

    General Information

    Property type
    Land
    Lot Size
    14,853,960 SF

    HighLights

    • ±341‑acre industrial site in a high‑demand market.
    • Prime location with strong surrounding businesses.
    • Detailed information available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pasadena
    County
    Harris
    State
    Texas
    Longitude
    -95.1888566
    Latitude
    29.727746

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    FAQs

    What type of property is this?
    Land - 341 Acres, $35M, High Demand
    Where is this land located?
    The property is located at 1003 Olin Mathieson Rd Pasadena, TX.
    What is the asking price?
    The asking price for this property is $35,000,000.
    What are key features of this property?
    This property features: ±341-acre industrial site in a high-demand market.; Prime location with strong surrounding businesses.; Detailed information available upon request.
    Request Owner's contact information
    1003 Olin Mathieson Rd Pasadena, TX 77506
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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
    1003 Olin Mathieson Rd Pasadena, TX 77506
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