Property profile

6321 Spencer Hwy Pasadena, TX 77505

OFF-MARKET
Warehouses
Property ID
US82-1760623
11,400 SF 5.18 ac lot Built 1977
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1977
Construction CONCRETE BLOCKS
Total area 11,400 SF
Lot 5.18 ac (225,453 SF)
APN 211570000037
UPID US82-1760623

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
  • Storage Facility
  • Party Supply Store Rental Equipment Company

Location

6321 Spencer Hwy Pasadena, TX 77505-1609
Pasadena metro Census 342200 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$705k
CAP Approach CAP
by Request
Comparable Approach Comparable
$899k
Blend (final) Blend
$805k

Owner & transaction history

since 2020
7 recorded transactions
2024
Price N/A
2020
Price N/A
2020
Price N/A
2019
Price N/A
2018
Price N/A
2017
Price N/A
2015
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $965,000 +52.0%
Restaurant $930,000 +46.7%
Medical building $850,000 +33.7%

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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