Technical
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Property profile

0 Fairmont Pkwy Pasadena, TX 77504

OFF-MARKET
Land
1.31 ac lot
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Property summary

AI-generated overview

This exceptional 1.31-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Pasadena, Texas. Located on Fairmont Pkwy, this property boasts 150 feet of frontage, ensuring high visibility and accessibility for any commercial venture. Its strategic location places it within a dynamic area experiencing significant new development, promising strong future growth and return on investment. The property offers cross-access with an adjacent property, providing added convenience and potential for synergistic development. The land is ideal for a variety of commercial uses, making it an attractive option for businesses seeking a prominent presence in a bustling Texas market. A ground lease option is also available for those seeking alternative investment strategies. Situated in Harris County, with a 77504 zip code, this property benefits from excellent connectivity and proximity to key transportation routes. The high traffic count ensures maximum exposure for any business established on this site. This is a rare opportunity to acquire a prime commercial land parcel in a rapidly developing area of Pasadena. Don't miss out on this chance to secure a piece of Pasadena's vibrant commercial landscape.

Property profile

Verified
Property type Land
Lot 1.31 ac (57,064 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Fairmont Pkwy Pasadena, TX 77504
Pasadena metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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