5316 Spencer Hwy, Unit 30 Pasadena, TX 77505-1514
- Hotels
- 16,600 SF
- 1.00 lot acres
Current Use by Public Records
- Palace Suites Motel / Motel
Property Details for 5316 Spencer Hwy
- Year built
- 2000
- Construction
- WOOD FRAME
- Lot size
- 1.00 lot acres
- Property size
- 16,600 SF
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 612070040003
- APU
- 612070040003
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $535,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $675,000
- 6.5%
- $660,000
- 7%
- $695,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $620,000
- Geo Method
- $625,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $820,000
- Retail
- $820,000
- Mixed-Use
- $755,000
- Hospitality
- $695,000
- Educational
- $835,000
- Residential Income
- $680,000
- Energy
- $620,000
- Income-Based Land
- $730,000
- Food Service
- $805,000
Location Insight
- Map
- Local Demand
- City
- Pasadena
- County
- Harris
- State
- Texas
- Longitude
- -95.1599
- Latitude
- 29.6647
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA