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Investment Highlights
- Heavy Daytime Traffic - 35,544 VPD on Fairmont Parkway (TxDOT, 2022) and 9,643 VPD on Mickey Gilley Boulevard (TxDOT, 2022)
- Nearby Major Retailers: H-E-B, Walmart Supercenter, Target, The Home Depot, and Lowe's Home Improvement
- Flood Zone X
- Easy Access to Beltway 8, Interstate 45, and State Highway 225
- Strong potential for commercial development
- Located in Pasadena’s Busiest Commercial Corridor
Executive Summary
The property benefits from approximately 35,544 vehicles per day on Fairmont Parkway (TxDOT, 2022) and 9,643 vehicles per day on Mickey Gilley Boulevard (TxDOT, 2022), providing excellent traffic exposure and consistent consumer activity. In addition, the site is located within Flood Zone X, offering added long-term stability and reduced flood risk for future development.
The property is strategically located near several major transportation routes, including Beltway 8, Interstate 45, and State Highway 225, allowing for convenient access throughout the Greater Houston area and surrounding markets. The corridor features a strong mix of national retailers, restaurants, and daily traffic drivers, including H-E-B, Walmart Supercenter, Target, The Home Depot, Lowe's Home Improvement, and numerous retail centers and residential developments that continue to support growth in the area.
The site’s visibility and position within a thriving commercial corridor create an opportunity for investors and developers seeking to establish a presence in the expanding Pasadena market.
Property Facts
1 Lot Available
Lot TR 53A
| Price | $415,359 CAD | Lot Size | 1.07 AC |
| Price Per AC | $388,846.64 CAD |
| Price | $415,359 CAD |
| Price Per AC | $388,846.64 CAD |
| Lot Size | 1.07 AC |
This property presents an exceptional commercial development opportunity in one of Pasadena’s most active and rapidly growing retail corridors. Located off Fairmont Parkway, the site consists of approximately 46,530 SF of vacant land.
Description
This property presents an exceptional commercial development opportunity in one of Pasadena’s most active and rapidly growing retail corridors. Located off Fairmont Parkway, the site consists of approximately 46,363.57 SF of vacant land, offering outstanding flexibility for a variety of future commercial uses. The property benefits from approximately 35,544 vehicles per day on Fairmont Parkway (TxDOT, 2022) and 9,643 vehicles per day on Mickey Gilley Boulevard (TxDOT, 2022), providing excellent traffic exposure and consistent consumer activity. In addition, the site is located within Flood Zone X, offering added long-term stability and reduced flood risk for future development. The property is strategically located near several major transportation routes, including Beltway 8, Interstate 45, and State Highway 225, allowing for convenient access throughout the Greater Houston area and surrounding markets. The corridor features a strong mix of national retailers, restaurants, and daily traffic drivers, including H-E-B, Walmart Supercenter, Target, The Home Depot, Lowe's Home Improvement, and numerous retail centers and residential developments that continue to support growth in the area. The site’s visibility and position within a thriving commercial corridor create an opportunity for investors and developers seeking to establish a presence in the expanding Pasadena market.
Property Taxes
| Parcel Number | 0341990000053 | Improvements Assessment | $0 CAD |
| Land Assessment | $19,327 CAD | Total Assessment | $19,327 CAD |
Property Taxes
Presented by
0 Fairmont Parkway
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