Technical
Financial
Distress signals
Property profile

5010 Spencer Hwy Pasadena, TX 77505

OFF-MARKET
Turn key restaurants
Property ID
US82-2781732
2,487 SF 2 ac lot Built 1945
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1945
Construction CONCRETE BLOCKS
Total area 2,487 SF
Lot 2 ac (87,120 SF)
APN 612070070002
UPID US82-2781732

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
  • HVAC Service General Contractor
  • Restaurant

Location

5010 Spencer Hwy Pasadena, TX 77505-1508
Pasadena metro Census 324000 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2016
7 recorded transactions
2018
Price N/A
2018
Price N/A
2018
Price N/A
2017
Price N/A
2017
Price N/A
2016
Price N/A
1969
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
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