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Property profile & analytics
OFF-MARKET
Warehouses

1603 Shaver St Pasadena, TX 77502

12,130 SF Built 1971
Property ID
Property summary
AI-generated overview

This exceptional 12,130-square-foot industrial property in Pasadena, Texas, presents a prime investment opportunity. Situated on a 1.6-acre lot at 1603 Shaver St, 77502, this single-story building boasts 300 feet of frontage on Shaver Street and 190 feet on East Houston Avenue—a highly trafficked location near I-45 South and State Highway 225. Built in 1971 and renovated in 2006, the property features two buildings totaling 12,130 square feet of net rentable space, five dock-high doors, and an 18-foot ceiling height. The property is located in Flood Zone X. This versatile flex space, suitable for manufacturing and warehouse uses, offers significant potential for various businesses. An adjacent 32,200-square-foot lot is available for separate purchase. The asking price is $1,400,000. Owner financing is available for both the real estate and the existing business, which has operated successfully for over 45 years, offering complete commercial fleet services (including collision repair, antique restoration, custom fabrication, and more). For an additional $400,000, the buyer can acquire the established business, including licenses, contracts, fixtures, supplies, and more. This is a rare opportunity to acquire a well-located, established business and property with significant upside potential.

Property profile
Verified
Property type Warehouses
Year built 1971
Total area 12,130 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Swindoll Paint & Body Shop Auto Repair Shop
  • Swindoll Sheila Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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