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    5150 Crenshaw Rd Pasadena, TX 77505

    Sponsored
    For Sale
    $912,158

    Texas medical office, 11,664 SF, $912,158

    Property size:
    11,664 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 11,664-square-foot medical office building is situated on a substantial 35,083-square-foot lot in Pasadena, Texas, within Harris County, zip code 77505. The asking price is $912,158, translating to a land value of $25.93 per square foot. The building boasts tilt-wall construction, a durable and cost-effective building method. The property is ideally suited for medical or professional office use, offering a versatile space adaptable to various healthcare or business needs. A negotiable tenant improvement allowance is available, providing flexibility for customizing the space to meet specific requirements. Furthermore, some suites within the building are combinable, allowing for expansion or consolidation to accommodate growing businesses or changing needs. The property's location in Pasadena offers convenient access to major transportation routes and a thriving local community. This presents a unique opportunity to acquire a well-constructed, versatile medical office building in a desirable Texas location. The property is offered for sale and is ready for immediate occupancy or lease. Detailed financial information and floor plans are available upon request.

    Property Features for 5150 Crenshaw Rd

    General Information

    Property type
    Medical offices
    Square Feet
    11,664 SF

    HighLights

    • Medical/professional office space available.
    • Tilt‑up concrete construction.
    • Tenant improvement allowance negotiable.
    • Suite combination options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triet Q.Huynh, MD Pain Management Physician Third Coast Training ... Swimming Instructor Eric S Rothenberg ... Plastic Surgeon Crenshaw Ambulatory Surgical ... Hospital Bayshore Optical Optometrist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Harris
    State
    Texas
    Longitude
    -95.1634552
    Latitude
    29.6391543

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    FAQs

    What type of property is this?
    Medical office - Texas medical office, 11,664 SF, $912,158
    Where is this medical office located?
    The property is located at 5150 Crenshaw Rd Pasadena, TX.
    What is the asking price?
    The asking price for this property is $912,158.
    What are key features of this property?
    This property features: Medical/professional office space available.; Tilt-up concrete construction.; Tenant improvement allowance negotiable.
    Request Owner's contact information
    5150 Crenshaw Rd Pasadena, TX 77505
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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
    5150 Crenshaw Rd Pasadena, TX 77505
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