Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12901 Baypark Rd Pasadena, TX 77507

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    16 acres of raw land in Pasadena's Bayport Industrial District.

    Lot size:
    16.00 Acres

    Property Features for 12901 Baypark Rd

    General Information

    Lot size
    16.00 Acres

    We can help!

    Listing Contact
    Trey Horne
    Source: Moodyscre

    Listing Agency: Colliers - Houston Listing Agent: Trey Horne

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

    Learn more

    Overview

    Raw Land in Bayport District

    This property offers approximately 16 acres of raw land with a rectangular shape, situated within the Bayport Industrial District in the city of Pasadena. It is suitable for use as an excellent IOS yard. All utilities are available. The property features access to West Fairmont Parkway and neighbors Bayport North Industrial Park. The tax rate is $1.66.
    Location Intelligence

    Current Use by Public Records

    Southern Ionics Chemical Plant

    Suggested Use

    Storage Facility Garden Center Discount Store Skin Care Clinic Electronics Store Cafe & Coffee Shop Bakery Smoke and Vape Shop Barber Shop Tech Support Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Harris
    State
    Texas
    Longitude
    -95.065499
    Latitude
    29.6481

    Nearby Similar for Lease

    • $25 SF/Yr
      5,500 SF

      Pasadena Medical Corridor Shell Space

      Divisible shell space ideal for medical or general office use.
      3412 Burke Rd, Pasadena, TX 77504
      View Details
    • $2,895 /Mo
      2,365 SF

      Pasadena Office Space For Rent

      Move-in ready office space with excellent visibility and ample parking.
      1107 Fairmont Pkwy, Pasadena, TX 77504
      View Details
    • $3,200 /Mo
      3,174 SF

      Waterfront Townhome in Gated Community

      Corner unit townhome with waterfront access, community pool, and rooftop terrace.
      18 W Oaks Dr, Pasadena, TX 77058
      View Details
    • $12 SF/Yr
      8,300 SF

      Pasadena Retail Space For Lease

      Retail space in Pasadena, TX, with high visibility and frontage.
      111 W Southmore Ave, Pasadena, TX 77502
      View Details
    • Contact for pricing
      142,498 SF

      Pasadena Industrial Facility with Cranes

      Large industrial space with multiple heavy-duty cranes and ample yard.
      10101 Bay Area Blvd, Pasadena, TX 77507
      View Details
    • $16 SF/Yr
      16,641 SF

      Pasadena Retail Center: Prime Location

      16,641 SF Retail Space - Fully Vacant
      3330 Spencer Hwy, Pasadena, TX 77504
      View Details
    • Contact for pricing
      240,041 SF

      Pasadena Warehouse with Cross-Docking

      240,041 SF warehouse featuring cross-docking and ample parking.
      2555 Genoa Red Bluff Rd, Pasadena, TX 77505
      View Details
    • $26 SF/Yr
      6,200 SF

      New Office Space Near Hospital

      Shell condition office space ideal for medical or professional use.
      4805 E Sam Houston Pkwy S, Pasadena, TX 77505
      View Details
    • $1.50 SF/Yr
      6,618 SF

      Retail/Office Space on Richey Street

      Retail and office spaces available in a high-traffic area.
      2015 Richey St, Pasadena, TX 77502
      View Details
    • $25 SF/Yr
      1,071 SF

      Office Space with Strong Tenants

      Fully occupied office space with credit tenants and growth potential.
      3737-3743 Red Bluff Rd, Pasadena, TX 77503
      View Details
    • $24 SF/Yr
      3,663 SF

      Pasadena Retail Center Opportunity

      High-traffic retail space, 3,663 sqft available
      3514 Burke Rd, Pasadena, TX 77504
      View Details
    • Contact for pricing
      410,071 SF

      Fairway Plaza Retail Space Available

      Pasadena, TX Shopping Center Opportunity
      0 Fairmont Pkwy. & Sam Houston Pkwy, Pasadena, TX 77505
      View Details

    FAQs

    What type of property is this?
    Industrial land - 16 acres of raw land in Pasadena's Bayport Industrial District.
    Where is this industrial land located?
    The property is located at 12901 Baypark Rd Pasadena, TX.
    What are key features of this property?
    This property features: - Excellent IOS yard; - Located in Bayport Industrial District; - All utilities available
    (713) 830-2178
    Request Owner's contact information
    12901 Baypark Rd Pasadena, TX 77507
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12901 Baypark Rd
    Pasadena, TX 77507
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    12901 Baypark Rd Pasadena, TX 77507
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Trey Horne
    (713) 830-2178
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.