346-843-1281
1855 Richey Rd, Pasadena, TX for Sale
Car Washes - FOR SALE
1/11
null | Request Cap Rate

1855 Richey Rd
Pasadena, TX 77502
Southeast Houston


HIGHLIGHTS

  • Located in the Opportunity Zone
  • +/-1.50 acres of concrete
  • Operating self serve car wash

OVERVIEW

The live auction for this property ends in exactly 1 hour. This ±1.50-acre site presents a prime redevelopment opportunity in a high-demand, thriving commercial market. While the existing ±6,481 SF car wash provides potential interim cash flow, the true value lies in the land. The site is ideal for redevelopment into retail, an RV park, self-storage, multifamily, or other commercial uses. Furthermore, this property is located within an Opportunity Zone, offering significant federal tax incentives that can substantially enhance your long-term investment returns. Property Highlights: •Lot Size: ±1.50 Acres •Building Size: ±6,481 SF (Built 2002 / Renovated 2022) •Traffic Counts: 13,846 VPD on Richey St. and 8,112 VPD on Allendale Rd. •Strategic Location: Close proximity to Houston with easy access to US-45. •Strong Demographics: 136,138 population and $71,290 average household income within a 3-mile radius. •Surrounding Retail: Situated near major national tenants including Walgreens, Burger King, Family Dollar, Dollar General, Subway, and Circle K. Pasadena’s steady economic growth, business-friendly environment, and infrastructure improvements continue to drive demand for commercial developments. This is a rare chance to secure a versatile piece of real estate in a growing market. Given the extremely tight timeline, please contact me immediately if you want to participate in the auction or need any additional information to make a swift decision. Rick Gutierrez 832-435-4033 rickg@xagproperties.com

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Monument Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

ADD'L SUBTYPES

Parking Lot, Auto Salvage Facility, Self Storage

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

Unrestricted

APN/PARCEL ID

0060010010001

ASK ABOUT THIS PROPERTY

Rick GutierrezXAG PropertiesMore Info
346-843-1281

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Rick GutierrezXAG PropertiesMore Info
346-843-1281

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.