Technical
Financial
Distress signals
Property profile

2300 Red Blf Rd 170 Pasadena, TX 77506

OFF-MARKET
Garden apartment buildings
Property ID
US82-0209282
11,219 SF 6.07 ac lot Built 1971
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1971
Construction FRAME
Total area 11,219 SF
Lot 6.07 ac (264,614 SF)
APN 450020020005
UPID US82-0209282

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building
  • Consultant
  • Commercial Cleaning Service

Location

2300 Red Blf Rd, Unit 170 Pasadena, TX 77506-3864
Pasadena metro Census 322900 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.77M
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$1.58M

Owner & transaction history

since 2007
4 recorded transactions
2007
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $2.1M +102.9%
Restaurant $1.5M +51.6%
Auto repair, garage $1.4M +40.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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