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Property profile & analytics
FOR SALE
Specialty properties

1603 Shaver St Pasadena, TX 77502

12,130 SF Built 1971
Property ID
US82-Q082493
Property summary
AI-generated overview

Excellent opportunity to acquire an industrial property located along Shaver (Main) Street, one of Pasadena’s high-traffic commercial corridors with 20,886 vehicles per day (TxDOT, 2024). Situated on 1.56 acres, this site offers exceptional visibility with 300 feet of frontage on Shaver (Main) Street and 190 feet of frontage on East Houston Avenue as well as three points of access, allowing for efficient traffic flow. The property includes an industrial building with 12,130 SF along with a second building with 1,070 SF that can be utilized for on-site living, office use, or repurposing. This location has supported a successful automotive business for over 45 years, specializing in fleet service, collision repair, custom fabrication, and painting. The business may be purchased separately at $400,000 which includes business licenses, salvage license, business name, contracts, trade fixtures, supplies, contacts, business website and phone numbers, etc. Its strategic location provides easy access to Interstate 45, Beltway 8 (Sam Houston Tollway), and State Highway 225, ensuring seamless connectivity throughout Pasadena and the Greater Houston area. With its high traffic exposure and exceptional versatility, this property presents an opportunity for businesses or investors seeking a well-positioned industrial property in one of Pasadena’s most active business districts. Owner finance is available.

Property profile
Verified
Property type Specialty properties
Year built 1971
Total area 12,130 SF
UPID US82-Q082493
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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