You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Grocery and convenience stores

6150 Spencer Hwy Pasadena, TX 77505

7,748 SF 2.91 ac lot Built 2007
Individually Owned 19-yr Hold ~ Est. High Equity
Property ID
US82-4271338
Property summary
AI-generated overview

This exceptional one-acre commercial land parcel is ideally situated at 6150 Spencer Highway in Pasadena, Texas, within the highly desirable Harris County. Boasting excellent visibility on a major thoroughfare, this property benefits from significant daily traffic flow, making it perfect for a variety of commercial ventures. Its location offers easy access to the Sam Houston Tollway, less than 0.55 miles away, ensuring convenient connectivity for customers and employees. The property is zoned for commercial use and presents a unique opportunity for developers or businesses seeking a high-traffic location. The land is priced at $9 per square foot. Note that this property is located within a floodplain, as designated by FEMA. Detailed demographic information is available upon request, providing valuable insights into the surrounding market. The 2023 total tax rate for this location in Pasadena ISD is $2.27 per $100 of assessed value. This prime commercial land presents a compelling investment opportunity in a thriving Texas market. Don't miss this chance to secure a strategic location for your next project.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE (W/FUEL PUMP)
Year built 2007
Construction CONCRETE BLOCKS
Total area 7,748 SF
Lot 2.91 ac (126,616 SF)
APN 1286450010001
UPID US82-4271338
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
Current use
Occupant on record · Public records
  • Chevron Gas Station
  • ATM Atm
  • Spencer Market Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Saab Petroleum Spencer Ltd · 19 yrs held
Saab Petroleum Spencer Ltd
since 2006
7 recorded transactions
2016
Price N/A
2016
Price N/A
2006
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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?”
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