31 Parkway Lake CtRichmond, TX 77407
- Other commercial real estate
- 14,250 SF
Property Details for 31 Parkway Lake Ct
- Year built
- 2010
- Lot size
- 1.84 AC
- Property size (Sq ft)
- 14,250 SF
- Property type
- Other commercial real estate
- APN
- 0403-00-000-0072-901
- APU
- 403000000072901
Description
Exceptional opportunity to acquire a 16,250-square-foot vacant school building situated on a 1.837-acre lot in Richmond, Texas. This property, formerly a Kids R Kids Pre-School, underwent a complete renovation in 2021. Its prime location at the signalized intersection of the Grand Parkway and Bellaire Boulevard offers unparalleled visibility and accessibility, with exposure to over 58,500 vehicles daily. The strategic location within a thriving retail corridor and surrounded by established residential communities like Lakes of Bella Terra, Parkway Lakes, and Grand Mission ensures high traffic and strong potential for various uses. Nearby major retailers include Sam's Club, Walmart, Kohl's, Ross, and many more, creating a robust commercial environment. The property's size and recent renovation make it ideal for a variety of special purpose uses, offering significant upside potential for the discerning investor. The asking price is $3,995,000. This is a rare opportunity to own a well-located, renovated property in a rapidly growing area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $4,016,580
- Hospitality
- $3,679,166
- Educational
- $3,061,023
- Medical
- $3,166,296
- Retail
- $4,761,591
Location Insight
- City
- Richmond
- County
- Fort Bend
- State
- Texas
- Latitude
- 29.6902
- Longitude
- -95.7672
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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