Flex Industrial Warehouse
For Sale
Contact for pricing
2619 Preston Avenue, Pasadena, TX 77503
Flex/industrial property for sale with approximately 3,180 SF, suited for storage, contractor use, or other special-purpose applications.
Property Size3,180 SF
Price / SF$212.26
Days on Market111
Property Features for 2619 Preston Avenue
General Information
Standard status
Active
Size
3,180 SF
Property subtype
Retail
Investment Type
Owner/User
Building Details
Year Built
1969
Stories
1
Units
1
Listing Agency:
Keller Williams Summit
Listed By:
Florencio Villalpando · License #0488752
(210) 204-1966
Source:
Crexi
Added: Jul 2
Changed: Oct 14
Last Checked: Oct 19 at 4:39AM
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 Keller Williams Summit
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Investment Insights
Based on property information with market context.
This for-sale commercial property at 2619 Preston Avenue in Pasadena, Texas offers approximately 3,180 SF of flex/industrial space, suitable for a variety of owner-user or investment applications. The seller notes functional use potential for storage, contractor operations, service-related business use, or other special-purpose uses, with any future redevelopment subject to buyer verification and local requirements.
The property is positioned in a Pasadena setting with proximity to surrounding commercial, industrial, and service-based businesses. This makes it a practical option for buyers looking for a smaller-scale site with flexible operational considerations.
The offering is presented as a versatile, small-format commercial asset within the greater Houston-area market. Any intended use should be confirmed with local requirements and appropriate approvals.
The property is positioned in a Pasadena setting with proximity to surrounding commercial, industrial, and service-based businesses. This makes it a practical option for buyers looking for a smaller-scale site with flexible operational considerations.
The offering is presented as a versatile, small-format commercial asset within the greater Houston-area market. Any intended use should be confirmed with local requirements and appropriate approvals.
Key Highlights
- Commercial flex/industrial property at 2619 Preston Rd in Pasadena, TX
- Approximately 3,180 SF building with Year Built 1969
- Flexible use options including industrial, land, self‑storage, or special purpose use (subject to buyer verification)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,965
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$859,300
$859.3K
Cap Rate 7%
$613,786
$613.8K
Cap Rate 9%
$477,389
$477.4K
Market Conditions
NOI Build-Up for 3,180 SF
Gross rent
$56.5K $17.76/SF
− Vacancy
−$5.9K −$1.86/SF
EGI
$50.5K $15.90/SF
− OpEx
−$7.6K −$2.38/SF
NOI
$43.0K $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%
$859,300
Cap Rate 7%
$613,786
Cap Rate 9%
$477,389
Alternative Uses
Best Use
Warehouse
$613.8K
$537.1K – $716.1K
NOI $42,965 @ 7.0% cap · market cap 6.37%
Second Best
Industrial
$505.5K
$442.3K – $589.7K
NOI $35,383 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$1.05M
$918.3K – $1.22M
NOI $73,461 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
612
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77503, TX
24,956
Population
8,980
Households
2.8
Avg Household Size
33
Median Age
10%
College-Educated
70%
High-School Grad
6.3 sq mi
ZIP Area
3,961
Density / Sq Mi
$64,977
Median Household Income
$37,015
Median Earnings
$1,211
Median Rent
$165,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Flex/industrial property for sale with approximately 3,180 SF, suited for storage, contractor use, or other special-purpose applications.
Where is this flex space located?
The property is located at 2619 Preston Avenue Pasadena, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Commercial flex/industrial property at 2619 Preston Rd in Pasadena, TX; Approximately 3,180 SF building with Year Built 1969; Flexible use options including industrial, land, self‑storage, or special purpose use (subject to buyer verification)
