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Property profile & analytics
OFF-MARKET
Retail space

8050 Red Blf Rd Pasadena, TX 77507-1167

2,030 SF 5.04 ac lot Built 1974
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US82-8166329
Property summary
AI-generated overview

This exceptional 5,000 square foot retail storefront, situated on a sprawling 5.04-acre lot in Pasadena, Texas, presents a compelling redevelopment opportunity. The property boasts two buildings, including a free-standing warehouse shop, all on a single story. The existing structure, fully occupied, features 5,000 square feet of net rentable space and 15 parking spaces. Completed in 2023, renovations have already been undertaken. The property is zoned for commercial use (excluding trucking or industrial applications) and benefits from city water and sewer, along with high-speed internet access. Prominently located near the intersection of Red Bluff and Genoa Red Bluff Roads, this standalone location offers excellent visibility and accessibility. All necessary site work, including detention and floodplain mitigation, has been completed, and a Certificate of Occupancy is in place. The property is offered fee simple and includes an assumable low-interest SBA loan. Its strategic location near the Port of Houston, Beltway 8, Hwy 225, and SH-146 provides easy access to major transportation arteries and numerous industrial facilities. This presents a unique chance to capitalize on the thriving commercial landscape of Pasadena, a city known for its strong industrial heritage and vibrant community. The asking price is $1,600,000, translating to $320 per square foot. An adjacent 3-acre parcel is also available for purchase, offering the potential for a combined 8.65-acre development.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1974
Total area 2,030 SF
Lot 5.04 ac (219,368 SF)
APN 410030000776
UPID US82-8166329
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
  • Men In Black Pest Control, LLC Garden Center
Value estimations
Realmo proprietary · 4 methods
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by Request
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Blend (final) Blend
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Owner & transaction history
BALL LLC
BALL LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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