1855 Richey St Pasadena, TX 77502
- Self service car washes
- 6,481 SF
- 1.50 lot acres
Current Use by Public Records
- Monument Car Wash / Car Wash
- Monument Car Wash/Food Court / Auto Market
Property Details for 1855 Richey St
- Year built
- 2002
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.50 lot acres
- Property size
- 6,481 SF
- Property type
- Self service car washes
- APN
- 60010010001
- APU
- 60010010001
Description
This exceptional 6,481-square-foot car wash, built in 2002 and renovated in 2022, sits on a 1.5-acre lot in Pasadena, Texas (77502). Located in Harris County, this single-story building presents a prime investment opportunity. Currently operational, the car wash generates immediate cash flow, offering a strong return on investment. However, the significant redevelopment potential is a key feature. The property's zoning allows for a variety of high-demand uses, including retail, RV parks, self-storage facilities, or multifamily developments. This makes it an attractive option for investors seeking diverse development possibilities in a rapidly growing area. The property benefits from its location within a federally designated Opportunity Zone, providing substantial tax advantages. Furthermore, owner financing is available, offering flexible terms to suit various investor needs. The property's APN is 0060010010001. This is a rare chance to acquire a cash-flowing asset with substantial upside potential in a desirable Texas location. The address is 1855 Richey St.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pasadena
- County
- Harris
- State
- Texas
- Longitude
- -95.2234
- Latitude
- 29.6839
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
