5021 Spencer Hwy Pasadena, TX 77505
This exceptional 170,651 square foot commercial land parcel, located at 5021 Spencer Highway in Pasadena, Texas, presents a significant investment opportunity. Zoned NZ, this property offers unparalleled flexibility for a variety of commercial, industrial, or residential developments. Its prime location along a major thoroughfare ensures high visibility and significant daily traffic, attracting a substantial customer base. The surrounding area boasts a diverse mix of existing commercial and residential establishments, creating a thriving and dynamic environment. This property is ideally suited for developers and investors seeking to capitalize on the strong market demand and continued growth potential within Pasadena's vibrant business community. The asking price is $1,800,000. The property's strategic location, flexible zoning, and surrounding amenities combine to create a compelling investment prospect with potential for substantial returns. The Harris County location, with zip code 77505, offers easy access to major transportation routes and a robust infrastructure. This is a rare opportunity to acquire a large, well-positioned parcel of land in a rapidly growing Texas market. The APN is 061-207-014-0001.
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Combs Heating and Cooling Services Hardware & Home Improvement Home Appliance Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.