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Property profile

0 Nwq Of Preston & Crenshaw Pasadena, TX 77504

OFF-MARKET
Land
1 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 1 ac (43,560 SF)

Cap rate & NOI

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

Location

Nwq Of Preston & Crenshaw 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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