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Property profile & analytics
OFF-MARKET
Retail space

1902 Shaver St Pasadena, TX 77502-2048

3,000 SF 0.25 ac lot Built 1963
Individually Owned ~ Est. High Equity
Property ID
US82-3916346
Property summary
AI-generated overview

This exceptional 5,550 square foot mixed-use commercial property, located at 1902 Shaver Street in Pasadena, Texas (77502), presents a compelling investment opportunity. The property, built in 1963 and renovated in 2011, boasts a single-story design encompassing two versatile suites ideal for retail or office use, and a spacious rear auto shop garage complete with shaded areas and ample parking. The 11,050 square foot lot offers significant potential. Currently operating as a multi-tenant property with two tenants, the gross lease agreements expire December 31, 2024. The property is classified as Class C and features flexible zoning allowing for a wide range of commercial uses. The asking price is $550,000, representing $99 per square foot of building space and $50 per square foot of land value. The property's strategic location in a high-demand commercial area of Harris County, combined with its versatile layout and income-generating potential, makes it an attractive addition to any real estate portfolio. The property is offered with 100% ownership and the APN is 0710070000135. This is a for-sale-by-owner opportunity.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1963
Construction STONE
Total area 3,000 SF
Lot 0.25 ac (11,051 SF)
APN 710070000135
UPID US82-3916346
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
  • Shelo Nabel Houston (Bike/Boat/Book/etc) Store Cosmetic Store
  • L&M INSURANCE Insurance Agency
  • MX INSURANCE Insurance Agency
  • Cellular USA Mobile Phone Store Electronics & Wireless Store
  • Gutierrez Michelle Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Michelle Ann Molina
Michelle Ann Molina
since 2025
7 recorded transactions
2025
Price N/A
2025
Price N/A
2018
Price N/A
2018
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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