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Property profile

4422 Spencer Hwy Pasadena, TX 77504

OFF-MARKET
Land
4.12 ac lot
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Property summary

AI-generated overview

This exceptional 4.118-acre commercial land parcel presents a remarkable investment opportunity in Pasadena, Texas. Located at 4422 Spencer Highway, this property boasts 684.23 feet of frontage on a major thoroughfare, ensuring unparalleled visibility and accessibility. The site benefits from a high daily traffic count averaging 26,298 vehicles, and is strategically positioned within a thriving market boasting 47,311 households within a three-mile radius. The strong local demographics, with an average household income of $76,391 within three miles, create a robust consumer base for any commercial venture. This area is experiencing significant growth, with population projections reaching 143,029 by 2027, further solidifying the long-term potential of this investment. The substantial daytime population of 135,142 provides a consistent stream of potential customers for retail or commercial businesses. This prime location in Harris County, Texas, zip code 77504, offers developers, investors, and entrepreneurs a unique chance to capitalize on a rapidly expanding market. The property's size and location make it ideal for a variety of commercial developments. Don't miss this chance to secure a prominent position in a high-growth area of Pasadena. The property is situated near Beltway 8, offering convenient access to major transportation routes.

Property profile

Verified
Property type Land
Lot 4.12 ac (179,380 SF)

Cap rate & NOI

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

Location

4422 Spencer Hwy Pasadena, TX 77504
Pasadena metro
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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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