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Property profile & analytics
FOR SALE
Hospitals

1004 Seymour St Pasadena, TX 77506

38,202 SF 2.55 ac lot Built 1948
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US82-3046050
Property summary
AI-generated overview

This exceptional 4.93-acre commercial land parcel presents a compelling investment opportunity in the thriving city of Pasadena, Texas. Located at the southeast corner of Pasadena Boulevard and Seymour Street, this three-parcel tract enjoys high visibility and easy access, less than one mile from Highway 225. The property, formerly the site of a three-story hospital, is being offered "as-is" following debris removal. While currently without zoning restrictions, development is subject to city approval. Pasadena Boulevard is undergoing significant renovations by the City of Pasadena and TxDOT, scheduled for completion by September 2025, promising enhanced accessibility and visibility for future development. The area boasts a robust demographic profile, with a 2023 population exceeding 118,342 within the city limits and over 265,753 within a five-mile radius. The median age is 29-31, and the average household income ranges from $48,978 to $54,471. This prime location, coupled with the ongoing infrastructure improvements, makes this a rare opportunity to establish a significant presence in a rapidly growing market. The asking price is $2,684,385. Detailed offering materials are forthcoming. The property includes addresses on Pasadena Blvd, Seymour St., and Cruise Dr. All offers will be reviewed.

Property profile
Verified
Property type Hospitals
Use group HOSPITAL - PRIVATE
Year built 1948
Construction BRICK
Total area 38,202 SF
Lot 2.55 ac (110,917 SF)
APN 710850000016
UPID US82-3046050
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$855k
Owner & transaction history
Sns Investments LLC · 11 yrs held
Sns Investments LLC
since 2015
2 recorded transactions
2015
Price N/A
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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