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    Nwq Of Preston & Crenshaw Pasadena, TX 77504

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    For Sale
    Contact for pricing

    Texas Retail Opportunity: High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 1-acre pad site is located at the northwest quadrant of Preston and Crenshaw Roads in Pasadena, Texas, zip code 77504. Situated within a thriving medical/mixed-use development, this property offers unparalleled visibility and accessibility. The site benefits from high traffic counts, with over 13,702 vehicles per day on Preston Road and over 9,944 vehicles per day on Crenshaw Road, ensuring maximum exposure for your business. The development boasts 125 parking spaces and prominent marquee signage opportunities. This location is ideally positioned near Pasadena Memorial High School and surrounded by complementary businesses. The surrounding area demonstrates strong demographics, with a population exceeding 102,844 within a 3-mile radius and an average household income of $75,475 within a 1-mile radius. Approximately 1,800 square feet of inline space is also currently available for lease within the development. This presents a unique opportunity to establish a business in a high-growth area with a strong customer base. The property's strategic location and ample parking make it an ideal investment for a variety of retail uses. Don't miss this chance to secure a prime location in a rapidly developing area of Pasadena.

    Property Features for 0 Nwq Of Preston & Crenshaw

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Strong demographics: Average household income within one mile is $75,475.
    • 1,800 square feet of medical/mixed‑use space immediately available for lease.
    • Dense population: 102,844 residents within a three‑mile radius.
    • Ample parking: 125 spaces available.
    • High traffic counts: 13,702 vehicles per day on Preston Road and 9,944 vehicles per day on Crenshaw Road.
    • One‑acre future pad site available for development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pasadena
    County
    Harris
    State
    Texas
    Longitude
    -95.1714585
    Latitude
    29.6404442

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    FAQs

    What type of property is this?
    Land - Texas Retail Opportunity: High Traffic Area
    Where is this land located?
    The property is located at Nwq Of Preston & Crenshaw Pasadena, TX.
    What are key features of this property?
    This property features: Strong demographics: Average household income within one mile is $75,475.; 1,800 square feet of medical/mixed-use space immediately available for lease.; Dense population: 102,844 residents within a three-mile radius.
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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
    Nwq Of Preston & Crenshaw Pasadena, TX 77504
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