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    18120 Bellfort Richmond, TX 77407

    For Sale
    $965,000

    New 2024 Construction, Vacant, High Cap Rate

    Property size:
    5,950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional investment opportunity presents two vacant, newly constructed Class B flex/warehouse buildings (H & J) totaling 5,950 square feet, located at 18120 W. Bellfort in Richmond, Texas (77407), Fort Bend County. The property boasts a desirable 6.74% cap rate and an asking price of $965,000, translating to $162.18 per square foot. Built in 2024, each unit includes a 765 square foot interior office space featuring air conditioning, drop ceilings, CAT 5 cabling, a bathroom, and a large office area. Post-closing modifications to the office spaces are permissible. This owner/user investment is ideally suited for a variety of businesses seeking a modern, efficient workspace. The property's APN is 0096-00-000-0024-907. This is a prime opportunity to acquire a high-quality, vacant industrial property in a thriving Texas market. Note that Buildings N and S are also available, but Buildings I and L are currently under contract.

    Property Features for 18120 Bellfort

    General Information

    Property type
    Distribution properties
    Square Feet
    5,950 SF
    Class
    B

    Building Details

    Year Built
    2024
    Property Profile Location Intelligence

    Current Use by Public Records

    Jack it Up ... Contractor Trans-American AC Supply ... Air Conditioning Store The Volleyball School Sports School US CARGO SERVICES Shipping Company ARG Dynamics Website Designer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.701993667002
    Latitude
    29.661111647167

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    FAQs

    What type of property is this?
    Distribution property - New 2024 Construction, Vacant, High Cap Rate
    Where is this distribution property located?
    The property is located at 18120 Bellfort Richmond, TX.
    What is the asking price?
    The asking price for this property is $965,000.
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    18120 Bellfort Richmond, TX 77407
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    Richmond, 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
    18120 Bellfort Richmond, TX 77407
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