105 S 2nd St, Richmond, TX
Versatile commercial property in Richmond's vibrant Downtown Historic District.
- Added:
- Mar 19, 2025
- Days on Market:
- 454
- Last Refresh:
- May 20 at 8:16 pm
Property Features for 105 S 2nd St
General Information
- Standard status
- Active
- Size
- 2,940 SF
- Lot size
- 0.18 Acres
- Property subtype
- INDUSTRIAL
Listing agent Quenton Rockwell (832) 877-2703
Listing office Coldwell Banker Commercial Realty (832) 877-2703
Listing date Mar 19, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Realty
HighLights
- Prime location in the vibrant Downtown Richmond Historic District, offering high visibility and foot traffic.
- Versatile 2,940 sq ft mixed‑use building suitable for various business types.
- Ample parking with 20 designated spaces, including 14 gated for enhanced security, plus 6 street‑side spaces.
- Functional interior design with a fully built‑out garage/warehouse area.
- Comprehensive camera security system for enhanced safety.
- Adaptable interior that can be configured to meet the specific needs of various businesses.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.3k | $20.52 |
| − Vacancy | −$3.4k | −$1.17 |
| EGI | $56.9k | $19.35 |
| − OpEx | −$17.1k | −$5.81 |
| NOI | $39.8k | $13.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Fort Bend
- State
- Texas
- Longitude
- -97.3404
- Latitude
- 31.095