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3917 Red Bluff Rd Pasadena, TX 77503

OFF-MARKET Land Google Maps
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional commercial land parcel, located at 3917 Red Bluff Rd, Pasadena, TX 77503, presents a compelling investment opportunity. Priced at $550,000, this property is perfectly suited for a quick-service restaurant (QSR) development. Engineering is complete, and all necessary permits are ready, streamlining the development process. Situated in a high-income area with an average household income exceeding $90,000, this location offers significant potential for high returns. The property is available for sale, ground lease, or build-to-suit options, providing flexibility for various investment strategies. Its strategic location near major thoroughfares adds to its appeal. Specifically, it's within one mile of the Sam Houston Tollway (Beltway 8), providing excellent accessibility. Furthermore, its proximity to petrochemical plants and adjacency to a high-performing Whataburger restaurant ensures high visibility and significant foot traffic. Daily traffic counts are increasing and projected to rise further in 2024, making this a particularly attractive investment opportunity in a thriving commercial district. Don't miss this chance to acquire a prime commercial property in Pasadena, Texas.

Property profile

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Property type Land

Cap rate & NOI

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

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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