1214 Center StPasadena, TX 77506

  • Commercial real estate
  • 520 SF
For Lease
$11.04/SF/YR View listing

Property Details for 1214 Center St

Year built
1955
Lot size
0.16 AC
Property size (Sq ft)
520 SF
Property type
Commercial real estate
APN
650330000130
APU
650330000130

Description

This exceptional 3,816-square-foot flex space in Pasadena, Texas, presents a unique opportunity for a variety of businesses. Completely renovated in 2024, the property boasts a spacious storefront ideal for retail or office use, seamlessly integrated with a large warehouse area featuring a 12-foot ceiling height and a convenient 12-foot overhead grade-level loading door. The versatile layout is perfect for businesses needing both showroom and storage space, such as furniture stores, auto parts retailers, or similar ventures. Adding to its functionality, a separate 530-square-foot storage building provides extra flexibility. The property sits on a 0.31-acre lot (13,503 square feet) and includes four paved parking spaces at the front, with additional yard space offering ample room for extra parking and secure truck access. The fenced and gated yard ensures secure unloading. Located at 1214 Center St, Pasadena, TX 77506, with 100 feet of frontage on Center Street and a cross street of Southmore Avenue, this single-tenant property offers excellent visibility and accessibility, situated just 1.5 miles from Texas Independence Highway 225. Built in 1960, this Class C building offers a prime location with high traffic volume. The property features one story and no elevators. The APN is 0650330000132

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $120,696
    6.5%
    $111,412
    7%
    $103,454
  • Comparable approach

    Method
    Valuation
    Relative Method
    $76,860.80
    Geo Method
    $155,683
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $231,389
    Retail / Commercial
    $116,297
    Mixed-Use / Specialty
    $114,025
    Hospitality / Lodging
    $81,237.20
    Office
    $111,412
    Institutional / Educational
    $117,876
    Residential Income
    $137,915
    Multifamily
    $175,708
    Automotive / Energy
    $101,036
    Parking / Income-Based Land
    $36,702.10
    Restaurant / Food Service
    $55,339.70
    Healthcare / Senior Housing
    $118,836

Location Insight

City
Pasadena
County
Harris
State
Texas
Latitude
29.6917
Longitude
-95.2044
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
2022
$780
$67,500
$1,085
$68,585
-
$67,500
$1,085
$68,585

FAQs

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