1009 Burke Rd Pasadena, TX 77506
- Warehouses
- 3,400 SF
- 3.13 lot acres
Current Use by Public Records
- Burke Self Storage / Self-Storage Facility
- U-Haul Neighborhood Dealer / Van Rental Agency / Trailer Rental Service
- Len&Ken Lawn Service / Lawn Care Service
- Len & Ken lawn and Landscaping Service / Lawn Care Service
Property Details for 1009 Burke Rd
- Year built
- 1975
- Construction
- CONCRETE BLOCKS
- Lot size
- 3.13 lot acres
- Property size
- 3,400 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 321070010044
- APU
- 321070010044
Description
Exceptional investment opportunity in Pasadena, Texas, presents a 601-unit self-storage facility totaling 60,595 square feet of net rentable space. This value-add property, ideal for a 1031 exchange, is priced at $5,900,000. The facility comprises two locations, 1009 Burke Rd and 2003 Cherrybrook Ln, situated approximately one mile apart and operated as a single business. While the majority of the facility is in good condition, some deferred maintenance is present. This includes roof replacements needed on a few buildings, some door replacements, and parking lot repairs, estimated at a total cost of $500,000. This presents a significant opportunity for an investor to enhance the property's value through strategic improvements. The property is located in Harris County, Texas, with a zip code of 77506. Detailed financial reports are available upon request via email. Contact information must be provided for a response.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pasadena
- County
- Harris
- State
- Texas
- Longitude
- -95.1818
- Latitude
- 29.6953
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
