1105 Highway 288BRichwood, TX 77531

  • Commercial real estate
  • 925 SF
For Sale
$599,000 View listing

Property Details for 1105 Highway 288B

Year built
1985
Lot size
2.97 AC
Property size (Sq ft)
925 SF
Property type
Commercial real estate
APN
7070-0020-000
APU
70700020000

Description

This exceptional 2.97-acre property, located at 1105 N. Highway 288B in Richwood, Texas (zip code 77531), presents a unique investment opportunity. Currently configured as a car dealership, this versatile space offers approximately 50,000 square feet of existing pad space and boasts high visibility. Its zoning allows for a variety of industrial or commercial uses, making it ideal for businesses seeking a strategic location in Brazoria County. The property's prime location offers easy access to major industrial players, including Dow Chemical (approximately 6 miles away), BASF, Port Freeport, and Freeport LNG (all within 10 miles). Its proximity to Houston (approximately 50 miles) further enhances its appeal. The asking price for this exceptional property is $599,000. The Brazoria County Assessor's Parcel Number (APN) is 7070-0020-000. This is a rare chance to acquire a well-situated, sizable lot with significant potential for growth and profitability in a thriving industrial corridor.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $216,838
    Hospitality
    $198,622
    Educational
    $165,251
    Medical
    $170,935
    Retail
    $257,058

Location Insight

City
Clute
County
Brazoria
State
Texas
Latitude
29.0397
Longitude
-95.399
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
2018
-
$142,700
$336,870
$479,570
-
$142,700
$336,870
$479,570

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