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    5252 Keith St Pasadena, TX 77505

    For Sale
    $1,250,000

    3.41 Acres, Ready to Develop

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3.41-acre commercial land parcel in Pasadena, TX (APN 1309910000001), is ideally situated off Sam Houston Parkway, offering immediate development potential. The property boasts 2.01 acres of usable land, complemented by a 1.39-acre detention pond. City utilities are readily available, making infrastructure setup straightforward. This location provides unparalleled access to a thriving commercial environment, with numerous retail establishments, hotels, and medical offices nearby, including Academy, Kirkland's, St. Luke's Health, Walmart, Chick-fil-A, and Loews. The property's proximity to downtown Houston (under 30 minutes) further enhances its appeal. An existing agreement ensures maintenance of the detention pond with reimbursement to the current owner, along with a shared tax arrangement. This turnkey opportunity presents a compelling investment in a high-growth area. The asking price is $1,250,000. The property's address is 5252 Keith Street, Pasadena, TX 77505.

    Property Features for 5252 Keith St

    General Information

    Property type
    Land
    Lot Size
    148,540 SF

    HighLights

    • 3.41‑acre vacant commercial lot.
    • City utilities readily available.
    • Less than 30‑minute commute to Downtown Houston.
    • Excellent proximity to retail, medical facilities, and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pasadena
    County
    Harris
    State
    Texas
    Longitude
    -95.1609494
    Latitude
    29.6435752

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    FAQs

    What type of property is this?
    Land - 3.41 Acres, Ready to Develop
    Where is this land located?
    The property is located at 5252 Keith St Pasadena, TX.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 3.41-acre vacant commercial lot.; City utilities readily available.; Less than 30-minute commute to Downtown Houston.
    (832) 264-8934
    Request Owner's contact information
    5252 Keith St Pasadena, TX 77505
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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
    5252 Keith St Pasadena, TX 77505
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