613 Houston AvePasadena, TX 77502

Property Details for 613 Houston Ave

Year built

1977

Construction

METAL FRAME

Lot size

0.87 AC

Property size (Sq ft)

8,196 SF

Property type

Warehouses

APN

513360000069

APU

513360000069

Description

This exceptional 7,260-square-foot warehouse, located at 613 Houston Ave in Pasadena, Texas, presents a compelling owner-user opportunity. Priced at $850,000 ($117.08/sq ft), this single-story, Class B industrial building sits on a substantial 37,800-square-foot lot. Constructed in 1977 and partially renovated in 2023, the property offers a blend of established infrastructure and modern updates. Ideal for automotive or industrial businesses, the building's functionality is enhanced by its single-tenancy configuration. The permitted zoning requires verification with the city of Pasadena to ensure compliance with intended uses. This full-ownership investment provides a solid foundation for growth and operational efficiency. The property's location in Harris County, Texas, zip code 77502, offers convenient access to major transportation routes and a thriving business community. The building's spacious layout and ample lot size provide flexibility for various operational needs. Serious inquiries are encouraged to explore this attractive investment opportunity further. All potential uses must be confirmed with the city of Pasadena.

• CAP approach

  CAP return

  Valuation

  6%

  $3,950,970

  6.5%

  $3,647,050

  7%

  $3,386,550

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,938,310

  Geo Method

  $3,926,080

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $1,833,030

  Mixed-Use / Specialty

  $1,797,210

  Hospitality / Lodging

  $1,280,420

  Office

  $1,756,030

  Institutional / Educational

  $1,857,900

  Residential Income

  $2,173,750

  Multifamily

  $2,769,430

  Automotive / Energy

  $1,592,490

  Parking / Income-Based Land

  $578,482

  Restaurant / Food Service

  $872,240

  Healthcare / Senior Housing

  $1,873,030

Location Insight

City

Pasadena

County

Harris

State

Texas

Latitude

29.6876

Longitude

-95.2054

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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