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Property profile & analytics
OFF-MARKET Estimated value $1,405,000
Strip malls

2000 Richey St Pasadena, TX 77502-3332

68,279 SF 6.3 ac lot Built 1955
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US82-2041495
Property summary
AI-generated overview

This exceptional retail opportunity presents four available spaces within the thriving Allendale Shopping Center, located at 2000 S Richey St, Pasadena, TX 77502. The center is a well-established strip center in the Near Southeast Submarket of Houston, Harris County. Units range in size from 1,050 square feet to 2,400 square feet, offering flexibility for a variety of retail businesses. The property's total building size is 7,956 square feet, indicating a substantial and established retail presence. The center benefits from its location within a vibrant and diverse community, providing convenient access for both local residents and visitors, ensuring high foot traffic and visibility. This makes it an ideal location for businesses seeking strong community engagement and a robust customer base. The property's address is easily accessible, contributing to its appeal for both customers and employees. This is a rare opportunity to secure retail space in a well-established center within a thriving Texas community. The available spaces offer a chance to establish or expand a business in a high-traffic, convenient location. Interested parties should inquire promptly to secure their preferred space.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1955
Construction BRICK
Total area 68,279 SF
Lot 6.3 ac (274,546 SF)
APN 462240000060
UPID US82-2041495
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
  • Gina's Hair Salon II Hair Salon
  • Jefferson Dental & Orthodontics - Pasadena Dentist Dental Office
  • Allendale Shopping Center Shopping Center & Mall
  • Dr. Raven Alexander Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.01M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.80M
Blend (final) Blend
$1.41M
Owner & transaction history
Sjgz Investments LLC · 10 yrs held
Sjgz Investments LLC
since 2016
6 recorded transactions
2021
Price N/A
2018
Price N/A
2018
Price N/A
2016
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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