907 Preston Ave Pasadena, TX 77503-1942
Property summary
This exceptional 4.5+ acre commercial property in Pasadena, Texas, presents a unique investment opportunity. The property includes seven buildings: a church, dormitory, classrooms, a large multi-purpose building (featuring a commercial kitchen, dining room, and gym), and a two-story house. This versatile complex is ideally suited for a variety of uses, including a church, school, rehabilitation center, or light manufacturing facility. Its expansive size makes it particularly attractive to contractors or construction companies, offering ample space for building expansion, vehicle storage, and material warehousing. The property benefits from plenty of parking, completely fenced improvements, and convenient frontage on Preston Road and South Street. The existing tax-exempt status for non-profit organizations provides significant financial advantages. The asking price is $2,875,000. The property is currently vacant and offers significant potential for redevelopment or continued use in its current configuration. This is a rare opportunity to acquire a substantial multi-use property in a desirable Texas location. The property is zoned for commercial, industrial, and multi-family uses.
Property profile
VerifiedCap rate & NOI
Current use
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Charitable Organization Social Service Agency
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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