Current Use by Public Records
- Land
Property Details for 1065 Olin Mathieson Rd
- Lot size
- 142.00 lot acres
- Property type
- Land
Description
This exceptional commercial land offering encompasses approximately 142 to 199 acres in Pasadena, Texas, located at 1065 Olin Mathieson Rd, 77506, within Harris County. Priced at $35,000,000, this property presents a unique investment opportunity due to its advantageous features. The land is comprised of linear, rectangular parcels, maximizing usable acreage compared to irregularly shaped plots. A significant benefit is the existing easement providing access to a comprehensive piping network. This network includes crucial utilities such as natural gas, oxygen, nitrogen, and ammonia, significantly reducing infrastructure development costs for potential buyers. Furthermore, the property enjoys direct adjacency to the Pasadena Rail Terminal (PTR), offering convenient access to both the BNSF and UP railroad lines, ideal for logistics and transportation-intensive businesses. Finally, the property's location within a designated Opportunity Zone may allow purchasers to qualify for substantial tax credits, enhancing the overall return on investment. This strategic location, coupled with its infrastructure advantages and potential tax benefits, makes this a compelling opportunity for large-scale commercial development. The property's size and features make it suitable for a wide range of industrial, logistics, or manufacturing projects.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pasadena
- County
- Harris
- State
- Texas
- Longitude
- -95.189
- Latitude
- 29.7364
