Technical
Financial
Distress signals
Property profile

613 Houston Ave Pasadena, TX 77502

FOR SALE
Warehouses
Property ID
US83-1658958
8,196 SF 0.87 ac lot Built 1977
Individually Owned 22-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,260-square-foot warehouse, located at 613 Houston Ave in Pasadena, Texas, presents a compelling owner-user opportunity. Priced at $850,000 ($117.08/sq ft), this single-story, Class B industrial building sits on a substantial 37,800-square-foot lot. Constructed in 1977 and partially renovated in 2023, the property offers a blend of established infrastructure and modern updates. Ideal for automotive or industrial businesses, the building's functionality is enhanced by its single-tenancy configuration. The permitted zoning requires verification with the city of Pasadena to ensure compliance with intended uses. This full-ownership investment provides a solid foundation for growth and operational efficiency. The property's location in Harris County, Texas, zip code 77502, offers convenient access to major transportation routes and a thriving business community. The building's spacious layout and ample lot size provide flexibility for various operational needs. Serious inquiries are encouraged to explore this attractive investment opportunity further. All potential uses must be confirmed with the city of Pasadena.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1977
Construction METAL FRAME
Total area 8,196 SF
Lot 0.87 ac (37,801 SF)
APN 513360000069
UPID US83-1658958

Cap rate & NOI

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

Location

613 Houston Ave Pasadena, TX 77502
Pasadena metro Census 323300 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2004
1 recorded transaction
2004
Price N/A

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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