New Construction Warehouse with
For Sale
Contact for pricing
2201 Genoa Red Bluff Road, Pasadena, TX 77505
Freestanding industrial facility offers dock access, office space, and a five-year NNN lease.
Property Size24,500 SF
Lot Size2.23 Acres
Price / SF$190.49
Days on Market51
Property Features for 2201 Genoa Red Bluff Road
General Information
Standard status
Active
Size
24,500 SF
Class
A
Total Parking Spaces
30
Lot size
2.23 Acres
Property subtype
Industrial
Net Operating Income
$294,000
Warehouse & Industrial
Clear Height
28 ft
Office Build-Out
3,525 SF
Dock-High Doors
7
Drive-In Doors
1
Truck Court Depth
135 ft
Power
800 amps
Sprinkler System
Yes
Additional Details
Asking Price
$4,667,000
Utilities to Site
Yes
Building Details
Year Built
2026
Buildings
1
Building Size
24,500 SF
Tenancy
Single
Listing Agency:
Colliers - Houston, Texas
Listed By:
Robert McGee, SIOR · License #TX 562527
(713) 222-2111
Source:
Crexi
Added: Aug 26
Changed: Oct 1
Last Checked: Oct 12 at 5:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Houston, Texas
Investment Insights
Based on property information with market context.
Completed as new construction, this freestanding warehouse contains 24,500 SF, including 3,525 SF of office area. The building includes seven dock-high doors, one drive-in ramp, a 28-foot clear height, and a 135-foot truck court. Additional improvements include an ESFR sprinkler system, 800 amps of electrical service, natural gas, and parking for 30 automobiles.
The property occupies 2.23 acres at 2201 Genoa Red Bluff Rd in Pasadena, Texas. City of Pasadena utilities serve the building. The lease is structured as a five-year NNN arrangement, with the landlord responsible for the roof, foundation, and structure.
The property occupies 2.23 acres at 2201 Genoa Red Bluff Rd in Pasadena, Texas. City of Pasadena utilities serve the building. The lease is structured as a five-year NNN arrangement, with the landlord responsible for the roof, foundation, and structure.
Key Highlights
- 24,500 SF warehouse on 2.23 acres
- 3,525 SF of office space within the building
- Seven (7) dock‑high doors and one (1) drive‑in ramp
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$331,018
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,620,360
$6.6M
Cap Rate 7%
$4,728,829
$4.7M
Cap Rate 9%
$3,677,978
$3.7M
Market Conditions
NOI Build-Up for 24,500 SF
Gross rent
$435.1K $17.76/SF
− Vacancy
−$45.7K −$1.86/SF
EGI
$389.4K $15.90/SF
− OpEx
−$58.4K −$2.38/SF
NOI
$331.0K $13.51/SF
Area
Pasadena, TX
Vacancy
10.50%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,620,360
Cap Rate 7%
$4,728,829
Cap Rate 9%
$3,677,978
Alternative Uses
Best Use
Warehouse
$4.73M
$4.14M – $5.52M
NOI $331,018 @ 7.0% cap · market cap 7.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.09M
$7.07M – $9.43M
NOI $565,974 @ 7.0% cap · market cap 12.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
28 ft
Clear height
7
Dock-high doors
1
Drive-in doors
Single-tenant
Tenancy
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
289
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77505, TX
23,584
Population
8,817
Households
2.7
Avg Household Size
38
Median Age
30%
College-Educated
90%
High-School Grad
8.4 sq mi
ZIP Area
2,808
Density / Sq Mi
$94,643
Median Household Income
$52,193
Median Earnings
$1,522
Median Rent
$276,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- SiteBox Storage — 1518 Genoa Red Bluff Rd, Houston, TX 77034
- Pasadena Truck Parking — 2080 Genoa Red Bluff Rd, Houston, TX 77034
Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding industrial facility offers dock access, office space, and a five-year NNN lease.
Where is this warehouse located?
The property is located at 2201 Genoa Red Bluff Road Pasadena, TX.
What is the asking price?
The asking price for this property is $4,667,000.
What are key features of this property?
This property features: 24,500 SF warehouse on 2.23 acres; 3,525 SF of office space within the building; Seven (7) dock‑high doors and one (1) drive‑in ramp
