5111 Powerline Rd, Richmond, TX 77469
Two well-maintained buildings on 1.77 acres, ideal for church/office.
- Added:
- Jun 13, 2023
- Days on Market:
- 1121
- Last Refresh:
- Jul 4 at 7:28 am
Property Features for 5111 Powerline Rd
General Information
- Standard status
- Active
- Size
- 7,394 SF
- Lot size
- 1.77 Acres
- Property subtype
- Special Purpose
Listing office eXp Realty LLC (281) 352-7744
Listing date Jun 13, 2023
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty LLC
HighLights
- Two well‑maintained buildings on 1.77 acres.
- Recent upgrades and renovations including new kitchen and toilets.
- Perfect location for a church or office building.
- High traffic count due to recent highway expansion.
- Round about driveway and rear access.
- Newly installed privacy fence and new chainlink fences.
Overview
Local Financial Insights For Office B
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 | $189.0k | $25.56 |
| − Vacancy | −$51.8k | −$7.00 |
| EGI | $137.2k | $18.56 |
| − OpEx | −$34.3k | −$4.64 |
| NOI | $102.9k | $13.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.7912702
- Latitude
- 29.5084139
