This exceptional 5.421-acre property, located at 3415 S Richey St, Houston, TX 77017, presents a significant investment opportunity. The site encompasses two tracts totaling between 90,258 and 145,912 square feet, currently utilized as an automotive parts and auto salvage yard. Its strategic location offers convenient access to Highway 45 South and Hobby Airport, ensuring excellent connectivity for logistics and transportation. The property is equipped with existing utilities, simplifying development plans. The asking price for this versatile land is $1,500,000. Its size and location make it suitable for a wide range of industrial or commercial projects, providing substantial potential for future growth and return on investment. This is a rare opportunity to acquire a sizable parcel of land in a thriving Houston market, ready for immediate development or redevelopment. The property is situated in Harris County and benefits from its established infrastructure and proximity to major transportation arteries. Serious inquiries are encouraged to explore the full potential of this remarkable property.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,323,999
Hospitality
$1,212,776
Educational
$1,009,016
Medical
$1,043,717
Retail
$1,569,580
Location Insight
City
Houston
County
Harris
State
Texas
Latitude
29.6707
Longitude
-95.2372
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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