1423 La Porte Fwy, Pasadena, TX 77506 – Industrial Improved Land

IndustrialYear Built N/ATotal Assessed Value $71,590,410County Harris

Property Details

The Industrial property 1423 La Porte Fwy, Pasadena, TX 77506 is located in Harris County. The specific property type is Industrial Improved Land. The total assessed value of this property is $71,590,410.

The gross building area is 0 square feet and the land area is 0 square feet for this Industrial Improved Land built in N/A.

Legal description: Tr 25 & Pt Tr 26 (Imps Only) (Land Acct*0450020010151) Abst 698 J Seymour

$71,590,410

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 1423 La Porte Fwy, Pasadena, TX 77506, Industrial

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Property Information

Property TypeIndustrial

Sub Property TypeIndustrial Improved Land

Building Area0

Land Size0

Land Value$0

Improved Value$71,590,410

Total Assessed Value$71,590,410

Year BuiltN/A

County NameHarris

Account Number0450020010227

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Garage TypeDetached garage 0

Sales History

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Mortgage History

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	GBA (SF) ↕
2026	-	$64,601,580	$64,601,580	$64,601,580	Evonik Corporation E...	299 Jefferson Rd	Tr 25 & Pt Tr 26 (Im...	5982.12	-	-
2025	-	$67,767,910	$67,767,910	$67,767,910	Evonik Corporation E...	299 Jefferson Rd	Tr 25 & Pt Tr 26 (Im...	5982.12	-	-
2024	-	$71,573,400	$71,573,400	$71,573,400	Evonik Corporation E...	299 Jefferson Rd	Tr 25 & Pt Tr 26 (Im...	5982.12	-	-
2023	-	$75,073,000	$75,073,000	$75,073,000	Evonik Corporation E...	2 Turner Pl	Tr 25 & Pt Tr 26 (Im...	5982.12	-	-
2022	-	$74,681,060	$74,681,060	$74,681,060	Evonik Corporation E...	299 Jefferson Rd	Tr 25 & Pt Tr 26 (Im...	5982.12	-	-
2021	-	$82,150,300	$82,150,300	$82,150,300	Evonik Corporation E...	299 Jefferson Rd	Tr 25 & Pt Tr 26 (Im...	5982.12	-	-
2020	-	$82,710,320	$82,710,320	$82,710,320	Evonik Corporation E...	299 Jefferson Rd	Tr 25 & Pt Tr 26 (Im...	5982.12	-	-
2019	-	$91,212,290	$91,212,290	$91,212,290	Evonik Corporation E...	299 Jefferson Rd	Tr 25 & Pt Tr 26 (Im...	5982.12	-	-
2018	-	$91,286,280	$91,286,280	$91,286,280	Evonik Corporation E...	299 Jefferson Rd	Tr 25 & Pt Tr 26 (Im...	9001.00	-	-
2017	-	$66,798,442	$66,798,442	$66,798,442	Air Products & Mfg C...	299 Jefferson Rd	Tr 25 & Pt Tr 26 (Im...	9001.00	-	-

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
1423 La Porte Fwy, Pasadena, TX 77506	0450020010227	Industrial	Industrial Improved Land	Evonik Corporation Evonik Corporation	Harris	-	-	-	-	0	-	-
17015 Aldine Westfield Rd, Houston, TX 77073	1330160010001	Industrial	Industrial Improved Land	Baker Hughes Oil Field Operations Inc Inteq Property Tax	Harris	20.6	$ 9,975,000	2025-06-25	$ 60.33	2009	165,337	-
Clinton Dr, Galena Park, TX 77547	0410290040175	Industrial	Industrial Improved Land	Magellan Pipeline Company	Harris	2.6	$ 1,244,790	2023-12-01	$ 1.47	0	-	-
17122 Industrial Dr, East Bernard, TX 77435	R052844	Industrial	Industrial Improved Land	Lake Oil Distribution Llc	Wharton	55.8	$ 313,880	2023-12-27	$ 140.88	2024	2,228	-
701 Hilma St, Westlake, LA 70669	00704393	Industrial	Industrial Improved Land	Calcasieu Rr Commercial Llc	Calcasieu Parish	122.2	$ 55,000	2025-03-07	-	0	-	-
904 W Prien Lake Rd, Lake Charles, LA 70601	00467103	Industrial	Industrial Improved Land	Olmsted Shipyard Inc	Calcasieu Parish	122.5	$ 400	2025-01-02	-	0	-	-
1020 Mccormick Rd, Eagle Lake, TX 77434	2024000500000	Industrial	Industrial Improved Land	Terrance Hlavinka Cattle Co Llc	Colorado	65.9	$ 199,100	2023-08-30	$ 0.53	0	-	-
6701 Highway 71, Alexandria, LA 71302	23-035-66075-0004	Industrial	Industrial Improved Land	C Wayne Vollman P E & Associates Llc	Rapides Parish	196.2	$ 10,000	2025-08-05	$ 0.23	0	-	-
239 Beverly Dr, Alexandria, LA 71301	24-010-05850-0097	Industrial	Industrial Improved Land	Eric Keith Wahtley & Christin Nicole Whatley	Rapides Parish	198.2	$ 30,000	2023-05-18	$ 0.17	0	-	-
116 W Vine St, Opelousas, LA 70570	0100726095	Industrial	Industrial Improved Land	106 E Bloch St Llc	St. Landry Parish	195.2	$ 10,000	2024-05-28	$ 1.04	0	-	-
5123 Masonic Dr, Alexandria, LA 71301	23-043-33075-0002	Industrial	Industrial Improved Land	Bmg Investments Llc	Rapides Parish	195.5	$ 10,000	2023-11-09	$ 0.11	0	-	-

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	1423 La Porte Fwy, Pasadena, TX 77506	—	-	0	N/A	0	$ 71,590,410	-	-
Jpmorgan Chase Bank Na	13863 Industrial Rd, Houston, TX 77015	08/08/2025	$ 376,000,000	1,404,157	1975	187,726	$ 29,797,081	$ 3,510,393	Lex Houston Ii Lp
Central Bank	11500 Charles Rd, Houston, TX 77041	07/24/2025	$ 1,000,000	148,892	0	0	$ 829,225	$ 744,460	Crosby Freeway Lp
Five Points Bank	4202 Fidelity St, Houston, TX 77029	07/15/2025	$ 12,531,489	1,306,250	0	0	$ 1,541,780	-	Houston Fidelity Llc
Us Bank Trust Na	2502 Sheldon Rd, Channelview, TX 77530	06/26/2025	$ 1,250,000,000	13,758,900	0	0	$ 24,781,720	-
Lincoln Capital Management Llc	17015 Aldine Westfield Rd, Houston, TX 77073	06/26/2025	$ 1,905,000	1,926,885	2009	165,337	$ 22,157,853	$ 4,383,663	Cjq Management Company Llc
Jpmorgan Chase Bank Na	115 Hood Rd, Sulphur, LA 70665	06/26/2025	$ 2,500,000	0	0	0	$ 423,300	$ 418,000	Newtron Development Llc
Citizens 1st Bank	1124 Bennett Clark Rd, Nacogdoches, TX 75961	06/26/2025	$ 25,000	454,331	1970	71,600	$ 2,665,613	$ 103,620
Citibank Na	17015 Aldine Westfield Rd, Houston, TX 77073	06/25/2025	$ 7,500,000	1,926,885	2009	165,337	$ 22,157,853	$ 4,383,663	Security People Inc
Comerica Bank	3219 Pasadena Blvd, Pasadena, TX 77503	06/25/2025	$ 2,890,000	225,989	2014	81,813	$ 9,554,068	$ 1,355,934	Sdag Limited Partnership
B1bank	3935 Ryan St, Lake Charles, LA 70605	06/06/2025	$ 8,100,000	84,506	0	0	$ 187,190	$ 40,267

Mean$ 84,231,552

Median$ 2,202,500.0

Loan Amount Range$ 25,000 - $ 1,250,000,000

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License Details

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