1720 SouthmorePasadena, TX 77502

  • Office buildings
  • 9,432 SF
Off market
$775,900 Estimated

Property Details for 1720 Southmore

Year built
1972
Construction
FRAME
Lot size
0.61 AC
Property size (Sq ft)
9,432 SF
Property type
Office buildings
APN
650310000029
APU
650310000029

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,189,250
    6.5%
    $2,020,840
    7%
    $1,876,500
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,394,140
    Geo Method
    $2,823,850
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $4,197,050
    Retail / Commercial
    $2,109,460
    Mixed-Use / Specialty
    $2,068,230
    Hospitality / Lodging
    $1,473,520
    Institutional / Educational
    $2,138,080
    Residential Income
    $2,501,560
    Multifamily
    $3,187,070
    Automotive / Energy
    $1,832,640
    Parking / Income-Based Land
    $665,720
    Restaurant / Food Service
    $1,003,780
    Healthcare / Senior Housing
    $2,155,500

Location Insight

City
Pasadena
County
Harris
State
Texas
Latitude
29.6913
Longitude
-95.1879
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
$8,456
$264,600
$511,300
$775,900
-
$264,600
$511,300
$775,900

FAQs

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