927 Fresa RdPasadena, TX 77502

Property Details for 927 Fresa Rd

Year built

1974

Construction

BRICK

Lot size

0.34 AC

Property size (Sq ft)

2,296 SF

Property type

Specialty properties

Property subtype

Day care centers & nurseries

APN

780470000007

APU

780470000007

Description

This vacant, 3,648-square-foot retail building in Pasadena, Texas, presents a compelling owner-user or value-add investment opportunity. Located on a spacious 15,000-square-foot lot at 927 Fresa Rd, 77502, the property features a single-story building with six parking spaces. The asking price is $290,000, translating to $79.50 per square foot. The building is currently vacant and ready for immediate occupancy, offering significant upside potential. The interior includes a 195-square-foot kitchen, a 350-square-foot common area, and two bathrooms, each with three stalls. Flexible space allows for various uses, including daycare, retail, educational, office, or medical. The property boasts a working pylon sign and ample backyard space. With minimal tenant improvements needed, the property is market-ready for leasing. Substantial rentable spaces range from 238 to 800 square feet. After upgrades, the property's after repair value (ARV) is estimated at $580,000. Utilities are metered separately for electricity, gas, and water. The large lot offers ample room for future expansion and additional parking. This property is a turnkey solution for an investor seeking a strong return on investment in a high-demand market. The lease options are NNN.

Location Insight

City

Pasadena

County

Harris

State

Texas

Latitude

29.6748

Longitude

-95.199

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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