Fairmont Former Car Wash/Pad Site
$399,000
3504 Fairmont Pkwy, Pasadena, TX 77504
Cap Rate
N/A
Square Feet
28501
Year Built/Renovated
1981
INVESTMENT HIGHLIGHTS
• Strong Demographics With a Dense Population of 128,106 Within a 3-Mile Radius
• Thriving Economy in Pasadena
• Easy Access to Gulf Freeway & Sam Houston Tollway | Located Near William P. Hobby Airport
• Surrounded by National and Regional Retailers
• Multiple Access Points on Fairmont Parkway and Strawberry Road
PROPERTY DESCRIPTION
Marcus & Millichap is pleased to exclusively list for sale a retail pad site that consist of 0.6543 acres located at 3504 Fairmont Parkway in Pasadena, Texas. The property is located in the Parkview South Houston submarket adjacent to the hard corner of Fairmont Parkway (22,735 VPD) and Strawberry Road (13,329 VPD).
Pricing only considers land value; however, the currently non-operational car wash could potentially be utilized again as a car wash or re-purposed for another use. This allows for additional value for user or investor. Fairmont Parkway at Strawberry Pad Site is offered for sale at a price of $399,000, which is $14 per square foot to the land.
The Property is located in Pasadena, an area with strong demographics and a dense population of 128,106 within a 3-mile radius. Pasadena is home to a thriving economy and ever-growing labor force largely due to the numerous refineries in the area. Additionally, the property’s location allows for easy access to Gulf Freeway & Sam Houston Tollway. Nearby retailers include: CVS, Jack in the Box, Family Dollar, Pizza Hut, and Dunkin’ Donuts.