825 Southmore AvePasadena, TX 77502

Property Details for 825 Southmore Ave

Year built

1961

Construction

FRAME

Lot size

0.63 AC

Property size (Sq ft)

16,470 SF

Property type

Office buildings

APN

650330000135

APU

650330000135

Description

This single-tenant office suite, located at 825 Southmore Ave, Suite 202, Pasadena, TX 77502, offers 1,436 square feet of versatile space ideal for a variety of professional uses, including traditional office, coworking, medical office, or executive office settings. Situated on a one-acre lot (27,613 sq ft) within a larger 15,084 sq ft building, this two-story property underwent renovations in 2001. The suite benefits from convenient access to Hwy 225 (under 2 miles), proximity to Harris County J.P. and Pasadena Municipal Courts (less than 2.4 miles), and a vibrant location near retail, restaurants, and service providers, some within walking distance. The property features 25 total parking spaces, including covered parking in the rear lot, both front and rear parking lots have been recently resurfaced, and opportunities for signage are available. Additional first-floor storage is also available. Furnishings are optional. An on-site property manager is available during business hours. There are no CAM charges. The building is located at the corner of E. Southmore and Witter Streets, between Pasadena Blvd. and Main Street. Electric power is provided

• CAP approach

  CAP return

  Valuation

  6%

  $3,373,083

  6.5%

  $3,113,616

  7%

  $2,891,214

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,434,419

  Geo Method

  $4,930,954

• Alternative Use

  Use

  Valuation

  Residential

  $3,860,883

  Hospitality

  $3,536,548

  Educational

  $2,942,366

  Medical

  $3,043,559

  Retail

  $4,577,014

Location Insight

City

Pasadena

County

Harris

State

Texas

Latitude

29.6912

Longitude

-95.2034

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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