www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27874581
27874596

817 Southmore Ave, Pasadena, TX 77502

BV
TX-0414770, TX-0528461
Avenue Property Group
Listed by Avenue Property Group
$1,350,000
220 days on market
Updated 21 days ago
Opportunity zone

Pasadena Office Building

Details
APN 065-033-000-0035
Property Type Office
Sub Type Traditional Office
Square Footage 37,223
Net Rentable (SqFt) 21,164
Occupancy 46%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 14.3%
Pro-Forma NOI $193,026
Price per SqFt $36
Broker Co-Op Yes
Class C
Year Built 1982
Year Renovated 0
Buildings 1
Stories 4
Lot Size (SqFt) 46,570
Zoning Office
Parking Spaces 125 spaces
Parking Per SqFt 3.36
Investment Type Value Add
Tenant Credit No Credit Rating
Occupancy Date 12/01/2025
Ground Lease No
Ownership Owner

Office | 37,223 SqFt

Marketing description

Seller offering owner financing with 25% down, 2% for 7 Years.

817 Southmore Avenue is a four-story office building for sale in Pasadena, Texas, offering an affordable entry point into the Houston commercial real estate market. Built in 1982, the property totals 37,233 square feet with approximately 21,164 rentable square feet on a 46,570-square-foot lot. It features a professional lobby, elevator service, shared restrooms, conference space, and generous surface parking at both the front and rear of the building. Its hard-corner location and prominent frontage along Southmore Avenue provide strong visibility for tenants and visitors.

The property is currently about 46% occupied by small professional tenants such as insurance agents, tax preparers, staffing companies, and therapy providers. Suites range from less than 200 to nearly 4,000 square feet, offering flexible options for small businesses or an owner-occupant looking to establish a headquarters. This mix of income and available space presents a value-add investment opportunity through lease-up, targeted renovations, or re-tenanting to higher-yield uses like medical or service-based offices.

Located just minutes from Beltway 8 and State Highway 225, 817 Southmore Avenue provides excellent access to the Port of Houston, San Jacinto College, and major petrochemical employers. The site is surrounded by retail centers, city offices, and medical facilities, attracting steady daily traffic and a strong workforce base. For investors or businesses seeking a well-located, cost-efficient property in the Pasadena office market, this building offers stability, visibility, and long-term potential in one of southeast Houston’s most established commercial corridors.

Investment highlights

Absentee owner. Looking to divest. Value-add upside. No formal leases. Rent roll and cash analysis estimated by data provided by on-site property manager.

Listing Contacts

BV
TX-0414770, TX-0528461
Avenue Property Group
Listed by Avenue Property Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591