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Property profile & analytics
OFF-MARKET Estimated value $615,000
Strip malls

6005 Fairmont Pkwy Pasadena, TX 77505-4098

21,130 SF 1.44 ac lot Built 1999
Individually Owned 21-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-2391239
Property summary
AI-generated overview

This exceptional 400-square-foot coworking office space in Pasadena, Texas, is perfectly suited for a variety of professional businesses. Located at 6005 Fairmont Parkway, near the intersection of Fairmont Parkway and Beltway 8, this single-tenant space offers unparalleled convenience and accessibility. The space is currently available for lease and boasts a complete build-out, including two private offices (approximately 200 sq ft each), a conference room, a fully equipped kitchen, and private restrooms. Leasing options include one or both offices to accommodate varying business needs. The property features modern amenities such as central air and heating, Wi-Fi connectivity, a security system with CCTV monitoring, drop ceilings, automatic blinds, and after-hours HVAC availability. The corner location provides excellent natural light. Furthermore, all utilities, building services, and property expenses are included in the lease rate, making this a truly plug-and-play solution. This fully furnished office space is ready for immediate occupancy and represents a fantastic opportunity for professionals seeking a prime location in Harris County, Texas, with zip code 77505. Emergency lighting is also included.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1999
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 21,130 SF
Lot 1.44 ac (62,639 SF)
APN 341990040002
UPID US82-2391239
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
  • Tan Resort Tanning Salon
  • Happy Nails & Day Spa Nail Salon
  • Smilz & Stylz Hair Salon
  • Only About the Dress (Bike/Boat/Book/etc) Store Printing Service
  • AE Concrete Contractors Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$615k
Owner & transaction history
6005 Fairmont Parkway Ltd · 21 yrs held
6005 Fairmont Parkway Ltd
since 2005
7 recorded transactions
2020
Price N/A
2018
Price N/A
2016
Price N/A
2005
Price N/A
1969
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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