Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Sam Houston Pkwy Pasadena, TX 77034
    Property profile & analytics

    Sam Houston Pkwy Pasadena, TX 77034

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Sam Houston Pkwy

    Property type
    Land

    Description

    This exceptional 2.6-acre commercial land parcel presents a remarkable investment opportunity in the thriving Pasadena, Texas market. Strategically located on the corner of Duffer Lane and the Beltway 8 feeder road, this vacant land boasts unparalleled visibility and accessibility. The property's prime location offers easy access to major transportation arteries, ensuring convenient commutes for employees and customers alike. With its expansive size, this site is ideal for a wide range of commercial developments, from retail centers and restaurants to office buildings and light industrial facilities. The property is zoned for commercial use (verification of zoning with local authorities is recommended). The two APNs associated with this property are 0612130000059 and 0612120000004. Situated in Harris County, Texas, with a Pasadena city address and 77034 zip code, this location benefits from a strong local economy and a growing population. The coordinates are 29.622203 latitude and -95.179745 longitude. This is a rare opportunity to acquire a significant commercial land holding in a high-demand area. Don't miss out on this chance to build your business in a prime location with excellent visibility and convenient access to major roadways. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Harris
    State
    Texas
    Longitude
    -95.1797
    Latitude
    29.6222

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      Genoa Red Bluff Rd

      Land • 1.00 Acre
      0 Genoa Red Bluff Rd, Pasadena, TX 77034
      View Details
    • Value Estimation by Request
      1.72 Acres

      3 State Hwy

      Land • 1.72 Acres
      3 State Hwy, Houston, TX 77034
      View Details
    • Value Estimation by Request

      Houston TX 77034 At Conklin Ln

      Land
      Houston TX 77034 At Conklin Ln, Houston, TX 77034
      View Details
    • Value Estimation by Request

      620 Almeda Genoa Rd

      Land
      620 Almeda Genoa Rd, Houston, TX 77034
      View Details
    • Value Estimation by Request
      14.95 Acres

      Fm 1959 Rd

      Land • 14.95 Acres
      0 Fm 1959 Rd, Houston, TX 77034
      View Details
    • Value Estimation by Request
      11.06 Acres

      Kurland Dr

      Land • 11.06 Acres
      0 Kurland Dr, Houston, TX 77034
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale Houston

      Land available for sale in Houston, Texas.
      State Highway, Houston, TX 77034
      View Details
    • Contact for pricing

      Land Available For Sale

      Land available for sale in Houston, Texas.
      Kurland Dr, Houston, TX 77034
      View Details
    • Contact for pricing

      Land on Corner Lot

      Approximately 2.6 acres available on a corner lot.
      East Sam Houston Pkwy S, Houston, TX 77034
      View Details
    • $600,000

      Land For Sale Houston

      Land available for sale in Houston, Texas.
      Genoa Red Bluff Rd, Houston, TX 77034
      View Details
    • Contact for pricing
      481,773 SF

      Houston Land with Utilities

      11.06 acres of land with city utilities in Houston.
      Kurland Dr, Houston, TX 77034
      View Details
    • Contact for pricing

      Pad Site on Hard Corner

      Commercial land suitable for retail or office development.
      Genoa Red Bluff Rd, Houston, TX 77034
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land For Lease

      Land available for lease in Houston, Texas.
      620 Almeda Genoa Rd, Houston, TX 77034
      View Details
    • Contact for pricing

      Prime Pad Site for Lease

      30,000 SF pad site for ground lease, ideal for QSR.
      11650 Fuqua St, Houston, TX 77034
      View Details
    • Contact for pricing

      Commercial Land For Rent

      Approximately 11.06 acres of commercial land available for rent.
      Kurland Dr, Houston, TX 77034
      View Details
    • Contact for pricing

      Retail Space Near Gulf Freeway

      Retail space available near Gulf Freeway and Fuqua Street.
      12400 Gulf Fwy, Houston, TX 77034
      View Details
    • Contact for pricing

      Warehouse/Manufacturing Space on Galveston Rd

      Warehouse/manufacturing space with crane and secured yard for lease.
      8714 Galveston Rd, Houston, TX 77034
      View Details
    • $20 SF/Yr
      13,585 SF

      Office Space Available For Rent

      Office space available for lease, totaling 13,585 square feet.
      12301 Kurland Dr, Houston, TX 77034
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Sam Houston Pkwy
    Pasadena, TX 77034
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Sam Houston Pkwy, Pasadena, TX, 77034
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!