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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Nwq Spencer Hwy & Red Blf Rd Pasadena, TX 77505

213,008 SF 4.89 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at the intersection of NWQ Spencer Highway and Red Bluff Road in Pasadena, Texas (zip code 77505), presents a significant investment opportunity. The property boasts a substantial 213,008 square feet of finished retail space situated on a generous 4.89-acre lot. Its strategic location offers unparalleled visibility and accessibility, benefiting from immediate adjacency to a Kroger grocery store and easy access to Spencer Highway, a major thoroughfare with over 31,000 vehicles passing daily. This high-traffic location within the Pasadena area, part of the Houston MSA, ensures significant exposure to potential customers. The property's size and location make it ideal for a variety of retail uses. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a large, well-located retail property in a thriving market. The property is being offered for sale and presents a compelling investment prospect for discerning buyers. The property is classified as Retail and Land, offering flexibility for potential development or redevelopment. This prime location in Harris County, Texas, provides excellent access to a large consumer base. Don't miss this chance to own a piece of Pasadena's vibrant commercial landscape.

Property profile
Verified
Property type Retail properties & Spaces
Total area 213,008 SF
Lot 4.89 ac (213,008 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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