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6149 Spencer Hwy

2.33 Acres of Commercial Land Offered at $4,004,983 CAD in Pasadena, TX 77505

Investment Highlights

  • Excellent Access and Visibility
  • Signalized Corner
  • Traffic Count - 22,492 (TxDOT-AADT, 2022)
  • 2.33 Acres
  • Retail Development Opportunity
  • Approximately half an acre is stabilized

Executive Summary

The subject property is a 2.33-acre commercial development site located on the northwest corner of Spencer Highway and Randolph Road in Pasadena, TX. With its proximity to Beltway 8 and State Highway 225, this property attracts a high volume of vehicular traffic. Its strategic location renders it an ideal hub for retail development. The lot has approximately 265 feet of frontage on Spencer Highway and offers excellent visibility at a signalized corner. Major retailers nearby include Wal-Mart, Kroger, H-E-B, Lowe’s, Home Depot, Harley Davidson, Super Target, Marshall’s, Ross, and Hobby Lobby, among many more!

Property Facts

Price $4,004,983 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Hospitality
  • Carwash
  • Tienda de conveniencia
  • Distribution
  • Fast Food
  • Hotel
  • Motel
  • Office Park
  • Self Storage
  • Service Station
  • Strip Centre
Total Lot Size 2.33 AC

1 Lot Available

Lot

Price $4,004,983 CAD
Price Per AC $1,718,877 CAD
Lot Size 2.33 AC

Property consists of 4 lots with approximately 265' of Spencer Hwy frontage and depth of approximately 325'. Great for gas station development with a retail center and office warehouse which is sought after in the area.

Description

The subject property is a 2.33-acre commercial development site located on Spencer Highway and Randolph Road in Pasadena, TX. With proximity to Beltway 8 and State Highway 225, this site ensures maximum accessibility, drawing a high volume of vehicular traffic daily making it ideal for retail development. The lot has approximately 265 feet of frontage on Spencer Highway and offers excellent visibility at a signalized corner. Major retailers nearby include Wal-Mart, Kroger, H-E-B, Lowe’s, Home Depot, Harley Davidson, Super Target, Marshall’s, Ross, and Hobby Lobby among many more!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0710050020065
Land Assessment
$499,302 CAD
Improvements Assessment
$125,470 CAD
Total Assessment
$624,771 CAD
  • Listing ID: 31622644

  • Date on Market: 2024-02-12

  • Last Updated:

  • Address: 6149 Spencer Hwy, Pasadena, TX 77505

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