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    2127 Southmore Ave Pasadena, TX 77506

    For Sale
    Contact for pricing

    24,365 SF Retail Space, Ample Parking

    Property size:
    24,365 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail storefront property, located at 2127 Southmore Ave in Pasadena, Texas, presents a significant investment opportunity. Boasting a substantial 24,365 square feet of net rentable space, this single-story building sits on a generous 2.159-acre lot, providing ample room for expansion or future development. Constructed in 1969, the property includes 142 parking spaces, a significant advantage for customers and employees. The property is situated on a hard corner at the intersection of Southmore Ave and Burke Road, offering excellent visibility and accessibility. The building's size and location make it ideal for a variety of retail uses. The property features rent bumps, providing potential for increased income over time. The lot size allows for potential ground lease opportunities, further enhancing the investment potential. The property's address is 2127 Southmore Ave, Pasadena, TX 77506, within Harris County. This is a rare opportunity to acquire a large, well-located retail property with significant upside potential. The property's size, parking, and location combine to create a highly desirable retail offering. The potential for additional income through rent bumps adds to the overall attractiveness of this investment. The property's APN is 0321070200022.

    Property Features for 2127 Southmore Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    24,365 SF
    Lot Size
    94,046 SF

    Building Details

    Year Built
    1969
    Buildings
    1
    Stories
    1

    HighLights

    • 24,365 SF retail storefront in Pasadena, TX.
    • Located on a hard corner at Southmore Ave and Burke Road.
    • Situated on a 2.16‑acre lot with 142 parking spaces.
    • Built in 1969, single‑story building.
    • Offers rent bumps and broker co‑op.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Value Village Used Clothing Store Lakes Marketing Inc Marketing Consultant Discount Furniture & Appliances Furniture Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Harris
    State
    Texas
    Longitude
    -95.183495137209
    Latitude
    29.691724280333

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    FAQs

    What type of property is this?
    Individual retail property - 24,365 SF Retail Space, Ample Parking
    Where is this individual retail property located?
    The property is located at 2127 Southmore Ave Pasadena, TX.
    What are key features of this property?
    This property features: 24,365 SF retail storefront in Pasadena, TX.; Located on a hard corner at Southmore Ave and Burke Road.; Situated on a 2.16-acre lot with 142 parking spaces.
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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
    2127 Southmore Ave Pasadena, TX 77506
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