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Property profile & analytics
FOR SALE
Warehouses

5213 Spencer Hwy Pasadena, TX 77505

16,720 SF 2.34 ac lot Built 1983
Individually Owned 3-yr Hold Free & Clear
Property ID
US82-5195898
No photos on file
For Sale
$2,900,000 16,720 SF
5213 Spencer Hwy, Pasadena, TX 77505
View Listing →
Property summary
AI-generated overview

Exceptional Pasadena warehouse opportunity! This industrial property boasts 19,936 square feet on a generous 2.337-acre lot, offering ample space for various operations. The building features a 16,000 square foot warehouse area, complemented by a 2,000 square foot showroom and a 1,936 square foot second-floor office. High ceilings at 24 feet provide excellent vertical storage capacity. Loading is efficient with a double dock well and three 14-foot overhead doors. The property benefits from 3-phase power, ensuring operational flexibility. Strategic location provides excellent access via Spencer Highway (a designated truck route) and additional access from Pansy Street. Further enhancing the property's utility is a detached 1,380 square foot insulated storage building. The asking price is $3,200,000, translating to $160.51 per square foot. This property is ideal for businesses requiring substantial warehouse space, showroom display, and office accommodations. A minimum five-year lease is required. Please note that the tenant should not be disturbed.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1983
Construction METAL FRAME
Total area 16,720 SF
Lot 2.34 ac (101,800 SF)
APN 612070030052
UPID US82-5195898
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
  • Gulf Coast Tool & Rental Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$535k
CAP Approach CAP
by Request
Comparable Approach Comparable
$722k
Blend (final) Blend
$630k
Owner & transaction history
Cecil Rogers · 3 yrs held
Cecil Rogers
since 2023
7 recorded transactions
2026
Price N/A
2023
Price N/A
2023
Price N/A
2020
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
Top alternative use upside
Office building $975,000 +4.7%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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