5213 Spencer Hwy Pasadena, TX 77505
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.
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Gulf Coast Tool & Rental Rental Equipment Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.