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6149 Spencer Hwy 2.33 Acres of Commercial Land Offered at $2,486,622 in Pasadena, TX 77505

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INVESTMENT HIGHLIGHTS

  • Excellent Access and Visibility
  • Prime Corner Location – Signalized intersection with ~265 feet of Spencer Highway frontage and excellent visibility.
  • High-Traffic Corridor – Easy access to Beltway 8 and SH-225 with strong daily traffic counts.
  • Flexible Site Sizes – Tracts available from 0.40 AC to 2.33 AC, offering options for pad sites or larger development.
  • Retail Development Opportunity
  • Approximately half an acre is stabilized

EXECUTIVE SUMMARY

The subject property consists of commercial development sites ranging from 0.40 AC up to 2.33 AC, located at the northwest corner of Spencer Highway and Randolph Road in Pasadena, TX. With proximity to Beltway 8 and State Highway 225, the site benefits from strong traffic counts and excellent accessibility. Its prime location at a signalized corner with approximately 265 feet of Spencer Highway frontage provides outstanding visibility for a wide range of retail or commercial users. Surrounding national retailers include Wal-Mart, Kroger, H-E-B, Lowe’s, Home Depot, Harley Davidson, Super Target, Marshall’s, Ross, and Hobby Lobby, among many others. Sites are offered at $24.50 per square foot, providing flexibility for developers or end-users seeking pad sites or a larger contiguous tract in a proven retail corridor.

PROPERTY FACTS Under Contract

Price $2,486,622
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Hospitality
  • Carwash
  • Convenience Store
  • Distribution
  • Fast Food
  • Hotel
  • Motel
  • Office Park
  • Self Storage
  • Service Station
  • Strip Center
Total Lot Size 2.33 AC

1 LOT AVAILABLE

Lot

Price $2,486,622
Price Per AC $1,067,219.74
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
$356,448
Improvements Assessment
$83,684
Total Assessment
$440,132
  • Listing ID: 31622644

  • Date on Market: 2/12/2024

  • Last Updated:

  • Address: 6149 Spencer Hwy, Pasadena, TX 77505

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