927 Fresa RdPasadena, TX 77502

For Sale
$290,000

3,648 SF Daycare/Retail Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
94
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.

Highlights

  • Spacious rentable spaces ranging from 238 to 800 square feet.
  • Market-ready with minimal tenant improvements needed.
  • Includes a 195-square-foot kitchen and a 350-square-foot common area.
  • Features a working pylon sign.
  • Ample backyard space.
  • After-repair value (ARV) estimated at $580,000.

Property Details for 927 Fresa Rd

Property type
Day care centers & nurseries, Other retail properties
Square Feet
3,648 SF
Buildings
1
Stories
1

Location Insight

City
Pasadena
County
Harris
State
Texas
Latitude
29.6746954
Longitude
-95.1989869
927 Fresa Rd, Pasadena, Texas

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927 Fresa Rd
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