For Sale
$35,000,000

1065 Olin Mathieson Rd Pasadena, TX 77506

±341 Acres, Rail Access, $35M

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional commercial land offering encompasses approximately 142 to 199 acres in Pasadena, Texas, located at 1065 Olin Mathieson Rd, 77506, within Harris County. Priced at $35,000,000, this property presents a unique investment opportunity due to its advantageous features. The land is comprised of linear, rectangular parcels, maximizing usable acreage compared to irregularly shaped plots. A significant benefit is the existing easement providing access to a comprehensive piping network. This network includes crucial utilities such as natural gas, oxygen, nitrogen, and ammonia, significantly reducing infrastructure development costs for potential buyers. Furthermore, the property enjoys direct adjacency to the Pasadena Rail Terminal (PTR), offering convenient access to both the BNSF and UP railroad lines, ideal for logistics and transportation-intensive businesses. Finally, the property's location within a designated Opportunity Zone may allow purchasers to qualify for substantial tax credits, enhancing the overall return on investment. This strategic location, coupled with its infrastructure advantages and potential tax benefits, makes this a compelling opportunity for large-scale commercial development. The property's size and features make it suitable for a wide range of industrial, logistics, or manufacturing projects.

Highlights

  • High rectangular parcel maximizes usable acreage.
  • Property includes easement access to extensive utility network (natural gas, oxygen, nitrogen, ammonia).
  • Direct BNSF and UP rail access via adjacent rail spur.
  • Located in an Opportunity Zone, potentially offering tax credits.

Property Details for 1065 Olin Mathieson Rd

Property type
Land
Lot Size (sq. ft)
6,185,520 SF

Location Insight

City
Pasadena
County
Harris
State
Texas
Latitude
29.7363873
Longitude
-95.1890288

FAQs

What type of property is this?
Land - ±341 Acres, Rail Access, $35M
Where is the land located?
The property is located at 1065 Olin Mathieson Rd Pasadena, TX.
What is the asking price?
The asking price for this property is $35,000,000.
What are key features of this property?
This property features: High rectangular parcel maximizes usable acreage.; Property includes easement access to extensive utility network (natural gas, oxygen, nitrogen, ammonia).; Direct BNSF and UP rail access via adjacent rail spur.
How can I contact the broker?
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1065 Olin Mathieson Rd
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