12001 Richmond AveHouston, TX 77082

Property Details for 12001 Richmond Ave

Year built

2008

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.12 AC

Property size (Sq ft)

12,575 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1226160010002

APU

1226160010002

Description

This exceptional retail property, located at 12001 Richmond Avenue in Houston, Texas, presents a fantastic leasing opportunity. The property boasts a total building size of 12,500 square feet, with 1,282 square feet currently available for lease. Situated in Harris County, zip code 77082, this single-tenant space offers significant potential for a variety of retail businesses. The property's convenient location on Richmond Avenue provides excellent visibility and accessibility to a high volume of traffic. The building is classified as commercial retail and is ideal for businesses seeking a well-maintained space in a thriving Houston neighborhood. The available 1,282 square feet offers ample room for a variety of retail configurations, allowing for customization to meet specific business needs. This is a rare opportunity to secure a prime retail location in a high-demand area of Houston. The property's size and location make it an attractive option for businesses looking to establish a strong presence in the Houston market. Serious inquiries are encouraged to explore this exceptional leasing opportunity further. The property is easily accessible from major roadways, ensuring convenient access for both customers and employees. This is a single-tenant space, providing a unique opportunity for a business to establish its own identity and brand within the building. Don't miss out on this chance to secure a prime retail location in Houston.

• CAP approach

  CAP return

  Valuation

  6%

  $3,785,810

  6.5%

  $3,494,594

  7%

  $3,244,980

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,683,928

  Geo Method

  $9,487,370

• Alternative Use

  Use

  Valuation

  Residential

  $2,947,820

  Hospitality

  $2,700,188

  Educational

  $2,246,524

  Medical

  $2,323,786

  Retail

  $3,494,594

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7305

Longitude

-95.5897

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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