Technical
Financial
Distress signals
Property profile

1521 Preston Ave Pasadena, TX 77503

OFF-MARKET
Auto shops
Property ID
US82-8340980
2,875 SF 0.27 ac lot Built 2022
Individually Owned 9-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,975-square-foot freestanding industrial building, constructed in 2022, offers a versatile blend of warehouse and office space. Located at 1521 Preston Ave, Pasadena, TX 77503, near the intersection of Preston Ave and San Augustine Rd, this single-tenant property sits on an 11,674-square-foot lot. The building boasts 250 square feet of office space and 2,725 square feet of warehouse space, perfectly suited for various business needs. Three oversized (10'W x 14'H) drive-in doors provide convenient loading and unloading capabilities, complemented by one walk-in door. The property features 400-amp, 120-volt, 3-phase power. Its strategic location within the State Highway 225/Beltway 8/I-45 South "triangle" ensures easy access to major transportation arteries, making it ideal for businesses serving the petrochemical industry and the Port of Houston. The property's single-story design and modern construction offer efficiency and functionality. This is a rare opportunity to acquire a high-quality industrial property in a thriving Texas market. The property's APN is 0752350030001.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2022
Construction STEEL FRAME
Total area 2,875 SF
Lot 0.27 ac (11,674 SF)
APN 752350030001
UPID US82-8340980

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash

Location

1521 Preston Ave Pasadena, TX 77503-2515
Pasadena metro Census 323100 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2017
2 recorded transactions
2017
Price N/A
2015
$22,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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