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    Adaptable Building in Historic District Title is generated by Realmo AI

    105 S 2nd St, Richmond, TX

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    Versatile commercial property in Richmond's vibrant Downtown Historic District.

    Type:INDUSTRIAL
    Property size:
    2,940 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $202/SF
    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

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    Listing Contact
    Quenton Rockwell
    Quenton Rockwell

    Listing agent Quenton Rockwell

    Listing office Coldwell Banker Commercial Realty

    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

    Located in the Downtown Richmond Historic District, the Foxfire Studios Building offers a commercial property with character, functionality, and a prime location. The mixed-use building spans 2,940 square feet on a 7,729 square foot lot, presenting opportunities for businesses seeking to establish themselves in a dynamic community. The building's layout is suitable for various business types, including industrial operations, call centers, educational institutions, churches, or retail establishments. The property includes 20 designated parking spaces, with fourteen spaces securely gated and six street-side spaces. The building features a fully built-out garage/warehouse area designed for practical use, suitable for inventory management, storage, or operational workshops. A comprehensive camera security system is installed. The location in the Downtown Richmond Historic District offers exposure and accessibility, with cultural heritage, shopping destinations, and dining experiences attracting foot traffic and visitors. The property is suitable for expanding a business, establishing a new venture, or investing in a property.

    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
    2,940 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $568.9K
    $497.8K – $663.7K (±1% cap)
    NOI $39,823 @ 7.0% cap · market cap 6.69%
    Second Best
    Industrial
    $213.8K
    $187.1K – $249.4K (±1% cap)
    NOI $14,964 @ 7.0% cap · market cap 2.51%
    Theoretical Best
    Multifamily LT 5
    $36.63M
    $32.05M – $42.73M (±1% cap)
    NOI $2,563,765 @ 7.0% cap · market cap 430.88%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Metro Garage Door's ... Hardware & Home Improvement

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Fort Bend
    State
    Texas
    Longitude
    -97.3404
    Latitude
    31.095

    FAQs

    What type of property is this?
    Industrial property - Versatile commercial property in Richmond's vibrant Downtown Historic District.
    Where is this industrial property located?
    The property is located at 105 S 2nd St Richmond, TX.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: 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.
    (832) 877-2703 Call to check price and availability
    More about this property
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