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Property profile & analytics
OFF-MARKET
Auto shops

1802 Richey St Pasadena, TX 77502-1711

1,755 SF 0.61 ac lot Built 1955
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US82-3363439
Property summary
AI-generated overview

This 1,305 square foot retail space, built in 1955 and completely renovated in 2023, presents a fantastic opportunity for a mechanic shop or similar business. Located on a hard corner at 1802 Richey Street, the property boasts excellent visibility and ample parking. The single-story building features two bays and a dedicated office space, providing a functional layout for various automotive-related businesses. Recent improvements include a brand new roof and updated plumbing systems, ensuring low maintenance costs for the new owner. The property's strategic location on Richey Street, near Blueridge Avenue, offers convenient access for customers and employees. A significant advantage is the availability of vacant land behind the building, offering potential for expansion or additional parking, subject to separate lease agreement. This turnkey operation is ready for immediate occupancy and represents a compelling investment opportunity in a high-traffic area. The property is a single-tenant space, offering simplicity and control. Don't miss this chance to acquire a well-maintained, updated commercial property with significant growth potential.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1955
Construction CONCRETE BLOCKS
Total area 1,755 SF
Lot 0.61 ac (26,572 SF)
APN 60010000026
UPID US82-3363439
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
  • Ki Car Care Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Raza Trading INC · 2 yrs held
Raza Trading INC
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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