APPROVED SHORT SALE: High-Visibility Commercial Development Site in Pasadena, TX
***ATTENTION INVESTORS & DEVELOPERS: APPROVED SHORT SALE***
This is a rare opportunity to acquire a strategically located commercial property in Pasadena, TX, with terms and conditions subject to Lien Holder's written approval.
Property & Zoning:
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Zoning: Zoned for Retail Trade. The City of Pasadena strictly prohibits Trucking or Industrial use on this site, making it ideal for a business park development or commercial end-users.
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Existing Assets: The property includes a Retail Building, a Free-Standing Warehouse Shop, existing monument signage, and a dedicated parking lot.
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Ready for Development: Crucial site work, including detention and floodplain mitigation, has already been completed by the previous occupant.
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Infrastructure: Fully serviced with city water & sewer, and high-speed internet.
Location & Market: The property boasts a highly visible location on Red Bluff/Genoa Red Bluff. While situated near the heavy industrial Port of Houston, this specific parcel is restricted for commercial and retail development, capturing demand from the large employee base in the nearby petrochemical and industrial sector (Beltway 8, Hwy 225, SH-146). Pasadena is known for its strong industrial backbone and is a growing Houston suburb offering a blend of community charm and access to world-class Houston amenities.
Seize this short sale opportunity to develop a much-needed commercial or retail center in this thriving industrial corridor!