7333 Fairmont PkwyPasadena, TX 77505

  • Retail space
  • 7,526 SF

Property Details for 7333 Fairmont Pkwy

Year built
2022
Lot size
0.95 AC
Property size (Sq ft)
7,526 SF
Property type
Retail space
APN
1409090030002
APU
1409090030002

Description

This exceptional retail opportunity is located at the highly visible Northwest corner of Fairmont Parkway and Red Bluff Road in Pasadena, Texas, zip code 77505. The property, situated at 7333 Fairmont Pkwy, comprises a 10,100 square foot building on a 3.6-acre lot. Currently, the entire 10,100 square feet is available for lease, offering a unique chance for a single tenant to occupy the entire space or for multiple tenants to occupy a minimum of 8,500 square feet. The property's diverse zoning allows for a variety of uses, including shopping center, restaurant, medical, and general retail establishments. Its prime location at a major intersection ensures high visibility and accessibility, making it ideal for businesses seeking significant foot traffic and convenient access for customers. The property's annual taxes are $4.35 per square foot. This is a rare opportunity to secure a substantial retail presence in a thriving Pasadena, Texas market. The property's size and location offer significant potential for growth and success. Contact us today to learn more about this exceptional retail space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,265,766
    6.5%
    $2,091,476
    7%
    $1,942,085
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,803,280
    Geo Method
    $5,678,087
  • Alternative Use

    Use
    Valuation
    Residential
    $1,764,238
    Hospitality
    $1,616,033
    Educational
    $1,344,520
    Medical
    $1,390,760
    Retail
    $2,091,476

Location Insight

City
Pasadena
County
Harris
State
Texas
Latitude
29.6512
Longitude
-95.1248
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$27,326
$412,510
$1,072,929
$1,485,439
-
$412,510
$1,072,929
$1,485,439

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].