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Property profile & analytics
OFF-MARKET
Auto shops

1802 Pinewoods Way Spring, TX 77386

3,950 SF Built 1967
Property ID
US83-2581682
Property summary
AI-generated overview

This exceptional 3,950 square foot mixed-use property, situated on a 1.22-acre corner lot in Spring, Texas (77386), presents a compelling value-add investment opportunity. The property boasts two buildings, totaling 3,950 square feet, built in 1967 and renovated in 2017. The main structure includes a substantial 1,650 square foot workshop featuring four bay doors, an office, and a half-bath. Above the workshop is a 1,200 square foot, income-generating two-bedroom, one-bathroom apartment. The property also features an in-ground pool with a waterfall. A significant advantage is the modern 1,000-gallon-per-day aerobic septic system installed in 2022. The property is conveniently located one block from Rayford Road, offering excellent accessibility. The upper floor (34x37 sq ft) provides a blank canvas for customization. The property's zoning allows for flexible use, making it suitable for various commercial ventures or a large residential conversion. Please note that recent storm damage (June 2024) may not be fully reflected in the provided photos

Property profile
Verified
Property type Auto shops
Year built 1967
Total area 3,950 SF
APN 8990-04-06800
UPID US83-2581682
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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