6222 Richmond AveHouston, TX 77057

  • Office buildings
  • 125,454 SF
For Sale
$6,965,000 View listing

Property Details for 6222 Richmond Ave

Year built
1984
Construction
STEEL FRAME
Lot size
1.70 AC
Property size (Sq ft)
125,454 SF
Property type
Office buildings
APN
690430000088
APU
690430000088

Description

This exceptional Class B office building, located at 6222 Richmond Ave. in Houston, Texas, 77057, offers a variety of executive office suites for lease. The eight-story building boasts a total of 119,387 square feet, with a minimum divisible space of 945 square feet and a maximum contiguous space of 3,120 square feet. Currently, 21,217 square feet of space is available. The property features ample parking, with a ratio of 3.5 spaces per 1,000 square feet. Situated in the desirable Richmond/Fountainview submarket, this location provides unparalleled convenience. Enjoy easy access to major thoroughfares including the Southwest Freeway, Westpark Tollway, and Loop 610, placing you within a short drive of The Galleria and a wide array of dining and retail options. This is an ideal opportunity for businesses seeking a prestigious and well-connected address in Houston's vibrant commercial landscape. The building is multi-tenant, offering flexibility for businesses of various sizes. The property's strategic location and modern amenities make it a highly sought-after address for discerning tenants. Contact us today to learn more about leasing opportunities and explore the possibilities of establishing your business in this thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $25,693,188
    6.5%
    $23,716,788
    7%
    $22,022,732
  • Comparable approach

    Method
    Valuation
    Relative Method
    $18,543,266
    Geo Method
    $37,559,672
  • Alternative Use

    Use
    Valuation
    Residential
    $29,408,818
    Hospitality
    $26,938,318
    Educational
    $22,412,366
    Medical
    $23,183,160
    Retail
    $34,863,680

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7324
Longitude
-95.4916
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
2022
$227,883
$2,593,010
$8,236,441
$10,829,451
-
$2,593,010
$8,236,441
$10,829,451

FAQs

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