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    1811 Shaver St Pasadena, TX 77502

    For Sale
    $315,000

    Unrestricted commercial land with existing rental income until 2027.

    Lot size:
    0.30 Acres

    Property Features for 1811 Shaver St

    General Information

    Lot size
    0.30 Acres

    Source: HomeSmart Agent Amir Salehian

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Unrestricted Commercial Land For Sale

    This unrestricted commercial land offers investment potential with an existing monthly rental income of $2500 continuing until June 30, 2027. The property features high visibility and signage opportunities, with 200 feet of frontage on Shaver Street and a depth of 120 feet. The site includes a concrete and asphalt parking lot, accessible via two points of entry and exit. The perimeter is secured with fencing on all four sides, and a property survey is available. The location benefits from high daily traffic counts and is surrounded by various vendors and businesses. Potential development opportunities include a small strip center or flex commercial buildings, complemented by the existing monthly income.
    Insight Report Location Intelligence

    Current Use by Public Records

    Element Industrial Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Harris
    State
    Texas
    Longitude
    -95.2086532
    Latitude
    29.6851542

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    FAQs

    What type of property is this?
    Commercial land - Unrestricted commercial land with existing rental income until 2027.
    Where is this commercial land located?
    The property is located at 1811 Shaver St Pasadena, TX.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: - $2500 monthly rent income until June 30th, 2027; - Unrestricted commercial land with high visibility and signage; - 200' frontage on Shaver Street
    (281) 221-7253
    Request Owner's contact information
    1811 Shaver St Pasadena, TX 77502
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1811 Shaver St Pasadena, TX 77502
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