Property Details

Property Information

Property Details

The Retail property 5118 Fairmont Pky, Pasadena, TX 77505 is located in Harris County. The specific property type is Retail - Multiple Occupancy. The total assessed value of this property is $5,342,023.

The gross building area is 11,506 square feet and the land area is 67,649 square feet for this Retail - Multiple Occupancy built in 2006.

Legal description: Res B Blk 1 South Houston Gardens Sec 4 R/P & Amend

$2,713,713

Guesstimate™

$5,342,023

Market Value

$464.28

Price per SQFT

Aerial map view of 5118 Fairmont Pky, Pasadena, TX 77505

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Property Information

Property TypeRetail

Sub Property TypeRetail - Multiple Occupancy

Building Area11,506

Land Size67,649

Land Value$1,352,980

Improved Value$3,989,043

Total Assessed Value$5,342,023

Year Built2006

County NameHarris

Account Number0341990090002

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingForced air unit

Type ConstructionConcrete

No of Stories1

SignboardSignage,Pylon Sign

TransportationBus Line

Exterior WallsConcrete block

Sales History

10/25/2022

In-houseNot Available

Buyer

Jbl Fairmont Llc

Seller

Westdale Fairmont Lp

Book Number

Recording Date

10/25/2022

Transaction Details

Jbl Fairmont Llc acquired the property from Westdale Fairmont Lp through a In-house transaction on 10/25/2022 for Not Available.

5/18/2022

Arms-lengthNot Available

Buyer

Jbl Fairmont Llc Etal

Seller

Westdale Futura Lofts Ltd

Book Number

2022.261089

Recording Date

5/18/2022

Transaction Details

Jbl Fairmont Llc Etal acquired the property from Westdale Futura Lofts Ltd through a Arms-length transaction on 5/18/2022 for Not Available.

9/30/2011

Arms-length$10,687,500

Buyer

Westdale Fairmont Lp

Seller

Fairmont Pansy Ltd

Book Number

20110418938

Recording Date

9/30/2011

Transaction Details

Westdale Fairmont Lp acquired the property from Fairmont Pansy Ltd through a Arms-length transaction on 9/30/2011 for $10,687,500.

Property constructed in 2006

Mortgage History

8/12/2022

Arms length residential transactions purchase or resales$1,200,000

Borrower

Pharaohs Properties Llc

Lender

Independent Bank

Book Number

2022.421651

Recording Date

8/12/2022

Transaction Details

Pharaohs Properties Llc borrowed the property from Independent Bank through a Arms length residential transactions purchase or resales transaction on 8/12/2022 for $1,200,000.

8/13/2021

Sale$10,500,000

Borrower

Jbl Fairmont Llc Etal

Lender

Truist Bank

Book Number

RP-2021-461838

Recording Date

8/13/2021

Transaction Details

Jbl Fairmont Llc Etal borrowed the property from Truist Bank through a transaction on 8/13/2021 for $10,500,000.

10/31/2012

Sale$10,875,000

Borrower

Lender

Book Number

Recording Date

10/31/2012

Transaction Details

borrowed the property from through a transaction on 10/31/2012 for $10,875,000.

9/29/2011

Sale$8,550,000

Borrower

Westdale Asset Management

Lender

Book Number

Recording Date

9/29/2011

Transaction Details

Westdale Asset Management borrowed the property from through a transaction on 9/29/2011 for $8,550,000.

Property constructed in 2006

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 ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$1,352,980	$3,989,043	$5,342,023	$5,342,023	Jbl Fairmont Llc Eta...	2028 Harrison St Ste...	Res B Blk 1 South Ho...	9726.00	-	67,649	11,506
2025	$1,352,980	$3,658,453	$5,011,433	$5,011,433	Jbl Fairmont Llc Eta...	2028 Harrison St Ste...	Res B Blk 1 South Ho...	9726.00	South Houston Garden...	67,649	11,506
2024	$1,352,980	$3,006,317	$4,359,297	$4,359,297	Jbl Fairmont Llc Eta...	2028 Harrison St Ste...	Res B Blk 1 South Ho...	9726.00	South Houston Garden...	67,649	11,506
2023	$1,352,980	$2,653,680	$4,006,660	$4,006,660	Jbl Fairmont Llc Eta...	2028 Harrison St Ste...	Res B Blk 1 South Ho...	9726.00	SOUTH HOUSTON GARDEN...	67,649	11,506
2022	$1,352,980	$1,447,020	$2,800,000	$2,800,000	Jbl Fairmont Llc Eta...	2028 Harrison St Ste...	Res B Blk 1 South Ho...	9726.00	SOUTH HOUSTON GARDEN...	67,649	11,506
2021	$1,352,980	$1,247,020	$2,600,000	$2,600,000	Jbl Fairmont Llc Eta...	2028 Harrison St Ste...	Res B Blk 1 South Ho...	9726.00	SOUTH HOUSTON GARDEN...	67,649	11,506
2020	$1,352,980	$845,078	$2,198,058	$2,198,058	Westdale Fairmont Lp	2550 Pacific Ave Ste...	Res B Blk 1 South Ho...	9726.00	-	67,649	11,506
2019	$1,352,980	$1,025,148	$2,378,128	$2,378,128	Westdale Fairmont Lp	2550 Pacific Ave Ste...	Res B Blk 1 South Ho...	9726.00	SOUTH HOUSTON GARDEN...	67,649	11,506
2018	$1,352,980	$1,025,148	$2,378,128	$2,378,128	Westdale Fairmont Lp	3100 Monticello Ave ...	Res B Blk 1 South Ho...	9726.00	SOUTH HOUSTON GARDEN...	67,649	11,506
2017	$1,352,980	$211,930	$1,564,910	$1,564,910	Westdale Fairmont Lp	3100 Monticello Ave ...	Res B Blk 1 South Ho...	9726.00	SOUTH HOUSTON GARDEN...	67,649	11,506

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5118 Fairmont Pky, Pasadena, TX 77505 – Retail - Multiple Occupancy

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