3415 Richey StHouston, TX 77017

  • Warehouses
  • 5,648 SF
For Sale
$1,500,000 View listing

Property Details for 3415 Richey St

Year built
1985
Construction
METAL FRAME
Lot size
3.35 AC
Property size (Sq ft)
5,648 SF
Property type
Warehouses
APN
402030010014
APU
402030010014

Description

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,560
$510,692
$61,848
$572,540
-
$510,692
$61,848
$572,540

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