2510 Shaver St Pasadena, TX 77502
Commercial property with high traffic exposure and multiple tenants.
Property Features for 2510 Shaver St
General Information
- Standard status
- Active
- Size
- 10,404 SF
- Lot size
- 1.99 Acres
- Property subtype
- Industrial
Listing office Independence Real Estate, Inc. (281) 335-0335
Listing date Sep 1, 2021
Source Crexi
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 Independence Real Estate, Inc.
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location with excellent access to I‑45 South, Beltway 8, and State Highway 225.
- Large 1.9964‑acre lot suitable for various business types.
- High‑traffic location with 150 feet of frontage on Shaver Street, providing excellent exposure.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $187.3k | $18.00 |
| − Vacancy | −$11.2k | −$1.08 |
| EGI | $176.0k | $16.92 |
| − OpEx | −$52.8k | −$5.08 |
| NOI | $123.2k | $11.84 |
Alternative Uses
Property Analytics
Current Use by Public Records
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