2627 Allen Genoa Road

Pasadena, TX 77502
$1,250,000

Description

This 1.9996-acre property at 2627 Allen Genoa Road, Pasadena, TX, offers a rare value-add investment opportunity with immediate income potential. Currently generating $5,000 per month from retail space, mobile home, and apartment leases, along with approximately 5,000$ gross income from the six-bay manual car wash , detailing station and 22 rentable storage units, this site is primed for expansion. Ideal for a truck stop, warehouse, storage facility, or food truck rentals, the property is in a high-traffic area with excellent visibility and access to major roads. Don’t miss this chance to invest in Pasadena’s thriving commercial market! Appraisal from 2016 at 1 000 000 available , offering memorandum and updated survey. Drive buy an discover this value add property. Proposed: Truck Stop| Warehouse/Distribution Center | Expanded Storage Facility Food Truck/Restaurant Space| Light Industrial or Retail

  • Property Details
      • Lot description:Other, 2 Up to 5 Acres
      • Acres:1.9996
      • Property type:Purchase
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Natural Gas Available, Cable Available, Electricity Available
      • Subdivision:South Houston
      • School district:41 - Pasadena
      • Elementary School:L F SMITH ELEMENTARY SCHOOL
      • Middle School:Sullivan Middle School
      • High School:PASADENA HIGH SCHOOL
      • County:Harris
      • Taxes annual:$16, 237
      • MLS #:18832240
      • Cost:1250000
      • Property subtype:Lots
      • MLS #:18832240

Location

Mike TijerinaReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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