Technical
Financial
Distress signals
Property profile

4061 Spencer Hwy Pasadena, TX 77504

OFF-MARKET
Drive through restaurants
Property ID
US83-1137205
2,422 SF 0.69 ac lot Built 2015
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a freestanding quick-service restaurant building formerly used as a Taco Bueno, totaling approximately 2,422 square feet, and including a drive-thru. It is situated on a 0.69-acre site (approximately 29,982 square feet) and features an outdoor patio area of about 1,000 square feet. The building underwent a remodel in 2022. The site is located on Spencer Highway and experiences high daily traffic counts of over 32,000 vehicles per day, supporting uses such as drive-through restaurants, other restaurant concepts, and retail.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2015
Construction WOOD FRAME
Total area 2,422 SF
Lot 0.69 ac (29,982 SF)
APN 660470090001
UPID US83-1137205

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

4061 Spencer Hwy Pasadena, TX 77504-1201
Pasadena metro Census 323802 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2021
Price N/A
2019
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4061 Spencer Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message