3033 Bayshore BlvdPasadena, TX 77504

  • Office properties
  • 3,450 SF
For Lease

Property Details for 3033 Bayshore Blvd

Year built
1966
Construction
BRICK
Lot size
0.45 AC
Property size (Sq ft)
3,450 SF
Property type
Office properties
Property subtype
Office buildings
APN
660470030013
APU
660470030013

Description

This exceptional 6,584-square-foot free-standing office building, located at 3033 Bayshore Boulevard in Pasadena, Texas, presents a unique investment opportunity. Situated on a 0.45-acre lot and conveniently located off Spencer Highway, this Class B property offers unparalleled accessibility to shops, restaurants, schools, and medical centers. Built in 1966 and extensively renovated in 2022, the single-story building boasts ample parking with 44 spaces. The entire 6,584 square feet is currently vacant, providing a blank canvas for a variety of uses. Ideal for a single tenant seeking a substantial space, the property's versatile layout is well-suited for coworking spaces, podcast studios, professional offices, medical practices, law firms, beauty and skincare businesses, or financial institutions. Its prime location and recent renovations make this property an attractive proposition for discerning investors seeking a high-return asset in a thriving Texas market. The property's zip code is 77504.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $706,566
    6.5%
    $652,214
    7%
    $605,628
  • Comparable approach

    Method
    Valuation
    Relative Method
    $509,942
    Geo Method
    $1,032,896
  • Alternative Use

    Use
    Valuation
    Residential
    $808,746
    Hospitality
    $740,807
    Educational
    $616,343
    Medical
    $637,540
    Retail
    $958,755
3033 Bayshore Blvd, Pasadena, Texas

Location Insight

City
Pasadena
County
Harris
State
Texas
Latitude
29.6663
Longitude
-95.1835
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$4,771
$146,363
$264,298
$410,661
-
$146,363
$264,298
$410,661

FAQs

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