Technical
Financial
Distress signals
Property profile

5970 Fairmont Pkwy Pasadena, TX 77505

OFF-MARKET
Outlet malls
Property ID
US82-2581198
24,794 SF 1.56 ac lot Built 1994
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1994
Construction STEEL FRAME
Total area 24,794 SF
Lot 1.56 ac (67,823 SF)
APN 341990000280
UPID US82-2581198

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
  • Clothing Store Belt Shop
  • Roofing Company General Contractor
  • Hair Salon
  • Alternative Medicine Practice Spa & Massage Center
  • Hair Salon

Location

5970 Fairmont Pkwy Pasadena, TX 77505-4020
Pasadena metro Census 342002 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$655k
CAP Approach CAP
by Request
Comparable Approach Comparable
$675k
Blend (final) Blend
$665k

Owner & transaction history

since 2023
1 recorded transaction
2023
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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