0 Nwq Spencer Hwy & Red Blf Rd Pasadena, TX 77505
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.