2888 S Richey St, Houston, TX 77017

Listing agent Lee R. Hernandez License #TX 478058

Listing office Maz Real Estate

Listing date May 29, 2024

Source Crexi

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Overview

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.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

• Map
• Local Demand

City

Houston

County

Fort Bend

State

Texas

Longitude

-95.2302443

Latitude

29.6785936

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FAQs

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.