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    14938 Richmond Ave Houston, TX 77082

    Sponsored
    For Sale
    Contact for pricing

    4.2 Acres, High-Traffic Houston Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.2-acre commercial land parcel presents a unique investment opportunity in Houston, Texas. Strategically located at 14938 Richmond Ave., 77082, this property enjoys a highly visible position near the intersection of Westheimer Road and Richmond Avenue, benefiting from significant daily traffic flow. The site's prime location is further enhanced by its proximity to a robust retail environment anchored by West Oaks Mall, a major shopping destination. Nearby established businesses include Dillards, Sears, Palais Royal, Home Depot, Fortis College, and Regal Edwards Cinema, creating a strong and diverse commercial ecosystem. The property's zoning allows for a variety of uses, including medical facilities, office buildings, hospitality ventures, and entertainment establishments, providing considerable flexibility for developers and investors. This exceptional location and versatile zoning make this 4.2-acre parcel an ideal platform for a wide range of commercial developments, promising significant returns in a thriving Houston market. The property is currently available for lease. Harris County location provides access to a large and diverse population base.

    Property Features for 14938 Richmond Ave

    General Information

    Property type
    Land
    Lot Size
    182,952 SF

    HighLights

    • 4.2‑acre commercial land parcel in Houston, TX at 14938 Richmond Ave, 77082.
    • Excellent visibility at the intersection of Westheimer Rd and Richmond Ave, with high daily traffic counts.
    • Zoned for medical, office, hospitality, and entertainment uses.
    • Strong retail environment anchored by West Oaks Mall, including Dillard's, Sears, Palais Royal, Home Depot, Fortis College, and Regal Edwards Cinema.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.6524877
    Latitude
    29.7318964

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    FAQs

    What type of property is this?
    Land - 4.2 Acres, High-Traffic Houston Location
    Where is this land located?
    The property is located at 14938 Richmond Ave Houston, TX.
    What are key features of this property?
    This property features: 4.2-acre commercial land parcel in Houston, TX at 14938 Richmond Ave, 77082.; Excellent visibility at the intersection of Westheimer Rd and Richmond Ave, with high daily traffic counts.; Zoned for medical, office, hospitality, and entertainment uses.
    (281) 640-7963
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    14938 Richmond Ave Houston, TX 77082
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    Houston, TX 77082
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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
    14938 Richmond Ave Houston, TX 77082
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