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1855 Richey Rd - Monument Car Wash

6,481 SF Specialty Building Offered For Sale in Pasadena, TX 77502

INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

Property Highlights – Redevelopment Opportunity in Pasadena, TX
Prime Land Value: ±1.5 acres in a high-demand area, ideal for redevelopment into retail, RV park, self-storage, multifamily, and more.
Bonus Operating Car Wash: An existing car wash provides potential cash flow but is not the primary value driver.
Opportunity Zone Location: Benefit from federal tax incentives that enhance long-term investment returns.
Flexible Financing: Owner financing is available, with terms tailored to investor needs.
This property offers significant land value and flexibility for future developments in the rapidly growing market of Pasadena.

PROPERTY FACTS

Sale Type Investment or Owner User
Property Type Specialty
Property Subtype
Car Wash
  • Specialty Parking Lot
  • Specialty Auto Salvage Facility
  • Specialty Self Storage
Building Class C
Lot Size 1.50 AC
Building Size 6,481 SF
No. Stories 1
Year Built/Renovated 2002/2022
Parking Ratio 2.78/1,000 SF
Opportunity Zone Yes

AMENITIES

  • Signage
Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0060010010001
Land Assessment
$391,176
Improvements Assessment
$508,824
Total Assessment
$900,000

ZONING

Zoning Code Unrestricted (Located within the Opportunity Zone.)
Unrestricted (Located within the Opportunity Zone.)
  • Listing ID: 33564340

  • Date on Market: 10/18/2024

  • Last Updated:

  • Address: 1855 Richey Rd, Pasadena, TX 77502

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