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Property profile & analytics
FOR LEASE
Strip malls

111 W Southmore Ave Pasadena, TX 77502

14,868 SF 0.36 ac lot Built 1958
Entity Owned Free & Clear
Property ID
US82-2995982
Property summary
AI-generated overview

This 14,160 square foot retail strip center in Pasadena, Texas presents an excellent business opportunity. Currently, 10,000 square feet of retail space is immediately available for lease, with flexible options ranging from approximately 2,500 to 10,000 square feet. The property boasts a prime location on Southmore Avenue, offering exceptional visibility and approximately 118 feet of frontage. Situated in a high-density residential and commercial area, this location benefits from over 9,000 vehicles passing daily. Its convenient location is just off the southwest corner of Southmore Avenue and Shaver Street, east of Allen Genoa Road, and less than 1.5 miles from Highway 225. The property is also within easy reach of downtown Houston, Hobby Airport, schools, and other major freeways. Built in 1958, this 0.36-acre property is located in Harris County and within the Pasadena ISD. A tenant improvement allowance is available, subject to landlord approval. A full demographic package is available upon request. This is a move-in ready space perfect for a variety of retail businesses.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1958
Construction BRICK
Total area 14,868 SF
Lot 0.36 ac (15,564 SF)
APN 700590000012
UPID US82-2995982
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
CAMPBELL JOHN LUMBER CO
CAMPBELL JOHN LUMBER CO
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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