Nec Of Fairmont Pkwy And Panama St Pasadena, TX 77504
- Land
- 0.96 lot acres
Current Use by Public Records
- Land
Property Details for 0 Nec Of Fairmont Pkwy And Panama St
- Lot size
- 0.96 lot acres
- Property type
- Land
Description
This exceptional 0.964-acre commercial land parcel presents a remarkable development opportunity in the thriving city of Pasadena, Texas. Strategically located at the northeast corner of Fairmont Parkway and Panama Street, this property boasts exceptional visibility and accessibility. The lot, approximately 42,000 square feet, is situated along Fairmont Parkway, a major thoroughfare experiencing approximately 29,000 vehicles per day, ensuring high traffic exposure for any future development. Its prime location offers immediate proximity to established businesses, including a Walgreens and McDonald's, further enhancing its desirability. The property is conveniently located just one mile west of the significant retail intersection of Beltway 8 and Fairmont Parkway, placing it within a vibrant commercial hub. This area benefits from a strong presence of retail, restaurants, and office spaces, and a substantial daytime population of approximately 112,875 within a three-mile radius. The land is identified by Harris County parcel number 0461650000125. Offered at $714,000, with a land value of $17 per square foot, this represents a compelling investment opportunity for developers seeking a high-impact location in a rapidly growing market. Don't miss this chance to acquire a prime piece of Pasadena real estate.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pasadena
- County
- Harris
- State
- Texas
- Longitude
- -95.1754
- Latitude
- 29.6497
