1017 Queens Rd Pasadena, TX 77502-4417
This exceptional commercial property, located at 1017 Queens Rd in Pasadena, Texas, presents a unique investment opportunity. Priced at $450,000, this 2,264 square foot building sits on a 0.43-acre lot and is classified as Class C industrial space. The property has undergone recent renovations, transforming it into a three-bay structure ideally suited for mixed-use retail or an automobile repair shop. Ample parking is available, catering to the needs of both businesses and customers. Security features include a fully fenced perimeter, primarily with iron fencing, and double sliding iron gates providing access from both the main street and a side street. New picket fencing ensures clear separation from the neighboring property. The property's location in a high-traffic area ensures excellent visibility and accessibility. Seller financing options are available, making this an attractive proposition for a wide range of buyers. The property's versatility and strategic location make it an excellent investment for those seeking a strong return. This is a rare opportunity to acquire a renovated commercial building in a desirable Pasadena location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.