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    Nwc Fm 1464 & Beechnut Rd Houston, TX 77407

    Sponsored
    For Sale
    Contact for pricing

    High-yield retail & multifamily complex in prime Houston location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a thriving 348-unit multifamily complex integrated with a retail shopping center. Strategically located at the northeast corner of FM 1464 and Beechnut Road in Richmond, Texas (zip code 77407), this property boasts unparalleled accessibility. Its proximity to major thoroughfares such as Westpark Tollway, Highway 6, and the Grand Parkway ensures high visibility and convenient access for both residents and shoppers. The retail component offers a variety of leasing options, including pad sites, making it an attractive proposition for a diverse range of businesses. The existing multifamily component comprises a substantial 348 units spread across three stories, providing a stable and significant income stream. This new development presents a unique blend of retail and residential uses, creating a vibrant and self-sustaining community. The property is situated in Fort Bend County, Texas, and offers significant potential for future growth and appreciation. Interested parties are encouraged to inquire for pricing and detailed financial information. This is a rare opportunity to acquire a high-performing asset in a rapidly developing area of Houston.

    Property Features for 0 Nwc Fm 1464 & Beechnut Rd

    General Information

    Property type
    Lifestyle centers

    Building Details

    Stories
    3
    Units
    348

    HighLights

    • Pad sites available for sale or lease.
    • Retail space and proposed shopping center available for lease.
    • Prime location at the northeast corner of FM 1464 and Beechnut Rd, Richmond, TX, with easy access to Westpark Tollway, Hwy 6, and Grand Parkway.
    • New 348‑unit multifamily apartment complex.
    • Price available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.6879874
    Latitude
    29.6851793

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    FAQs

    What type of property is this?
    Lifestyle center - High-yield retail & multifamily complex in prime Houston location.
    Where is this lifestyle center located?
    The property is located at Nwc Fm 1464 & Beechnut Rd Houston, TX.
    What are key features of this property?
    This property features: Pad sites available for sale or lease.; Retail space and proposed shopping center available for lease.; Prime location at the northeast corner of FM 1464 and Beechnut Rd, Richmond, TX, with easy access to Westpark Tollway, Hwy 6, and Grand Parkway.
    Request Owner's contact information
    Nwc Fm 1464 & Beechnut Rd Houston, TX 77407
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Nwc Fm 1464 & Beechnut Rd Houston, TX 77407
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