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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3937 Spencer Hwy Pasadena, TX 77504

3,000 SF
Property ID
Property summary
AI-generated overview

Park View East Shopping Center, located at 3937 Spencer Hwy, Pasadena, TX 77504, presents a unique opportunity for retail businesses. This single-story, 3,000 square foot retail center boasts a highly desirable location on Spencer Highway, a primary east-west thoroughfare in Pasadena, offering 480 feet of prime frontage. The property benefits from its proximity to the Sam Houston Tollway (Beltway 8), a major artery connecting the entire Houston metropolitan area, ensuring high traffic volume and excellent visibility. The center is zoned for retail use and features two suites, each potentially divisible down to a minimum of 1,500 square feet, with a maximum contiguous space of 3,000 square feet. Currently, the entire 3,000 square feet is vacant, providing flexibility for a single tenant or the opportunity to lease individual units. The property is classified as a non-restaurant, hard corner location with endcap and highway frontage. Ample parking is available with 11 spaces. The cross street is Bayshore Ave. This property offers exceptional exposure and accessibility, making it an ideal location for a variety of retail businesses seeking a prominent presence in a high-traffic area of Pasadena. The property is ready for immediate occupancy.

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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