Prime Development Land For
For Sale
Contact for pricing
Pending
2888 S Richey St, Houston, TX 77017
4.38-acre commercial land with income potential in Houston, TX.
Property SizeContact for details
Lot Size4.38 Acres
Days on Market799
Property Features for 2888 S Richey St
General Information
Standard status
Pending
Lot size
4.38 Acres
Property subtype
Land
Listing Agency:
Maz Real Estate
837131158
Listed By:
Lee R. Hernandez · License #TX 478058
Source:
Crexi
Added: May 29, 2024
Changed: Jul 6
Last Checked: Aug 3 at 9:04AM
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 Maz Real Estate
Investment Insights
Based on property information with market context.
This 4.38-acre tract of commercial land is located on a major thoroughfare with a traffic count exceeding 20,000 vehicles per day. The property is surrounded by national businesses, presenting a prime opportunity for development. The site currently generates income from tenants on month-to-month leases, providing passive income while prospective tenants are secured. The property at 2888 S. Richey features frontage on two streets, facilitating easy access. There are five possible pad sites with frontage on S. Richey St. Access to the rear of the property is available from Spring Creek. A Phase I & II Environmental Study has been conducted, with results indicating no contaminations.
Key Highlights
- 4.38‑acre tract on a major thoroughfare with high traffic volume (over 20K VPD).
- Prime development opportunity surrounded by national businesses.
- Current income from tenants on month‑to‑month leases provides passive income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
619
Businesses Nearby
Explore this area
Business Placement
Demographics for 77017, TX
31,659
Population
11,281
Households
2.8
Avg Household Size
34
Median Age
10%
College-Educated
59%
High-School Grad
9.6 sq mi
ZIP Area
3,298
Density / Sq Mi
$53,750
Median Household Income
$32,771
Median Earnings
$1,049
Median Rent
$146,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 4.38-acre commercial land with income potential in Houston, TX.
Where is this commercial land located?
The property is located at 2888 S Richey St Houston, TX.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 4.38‑acre tract on a major thoroughfare with high traffic volume (over 20K VPD).; Prime development opportunity surrounded by national businesses.; Current income from tenants on month‑to‑month leases provides passive income.
