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1855 Richey Rd - Monument Car Wash 6,481 SF Specialty Building Offered For Sale in Pasadena, TX 77502
Investment Highlights
- Located in the Opportunity Zone
- Operating self serve car wash
- +/-1.50 acres of concrete
Executive Summary
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
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
Property Facts Under Contract
Amenities
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0060010010001 | Improvements Assessment | $1,013,941 CAD |
| Land Assessment | $545,495 CAD | Total Assessment | $1,559,436 CAD |
Property Taxes
Parcel Number
0060010010001
Land Assessment
$545,495 CAD
Improvements Assessment
$1,013,941 CAD
Total Assessment
$1,559,436 CAD
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1855 Richey Rd - Monument Car Wash
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