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2888 Richey St Houston, TX 77017

Sponsored
For Sale
$3,200,000

4.38 Acres, High-Traffic Location, Income Producing

Description

Added:
Dec 11, 2024
Days on Market:
393
This exceptional 4.38-acre commercial and industrial land parcel presents a remarkable investment opportunity in Houston, Texas. Located at 2888 S. Richey St., 77017, in Harris County, this property boasts a prime location on a major thoroughfare with over 20,000 vehicles passing daily (VPD). Surrounded by established national businesses, this site offers significant development potential. Currently generating passive income from month-to-month tenants, this property provides immediate return while allowing time to secure long-term tenants. The strategic location offers excellent accessibility, with frontage on two streets ensuring easy ingress and egress. Five potential pad sites are available along S. Richey Street, and additional access is provided via Spring Creek at the rear of the property. A comprehensive Phase I and II Environmental Study has been completed, with results indicating no environmental contamination. The asking price for this exceptional property is $3,200,000. This is a rare opportunity to acquire a high-traffic, income-producing land parcel with significant development potential in a thriving Houston market.

Property Features for 2888 Richey St

General Information

Property type
Land
Lot Size
190,793 SF

HighLights

  • 4.38‑acre commercial tract on a major thoroughfare with over 20,000 vehicles per day (VPD).
  • Excellent development opportunity surrounded by national retailers, currently generating passive income from month‑to‑month tenants.
  • Dual street frontage on S. Richey St. provides convenient access.
  • Five potential pad sites available along S. Richey St., with additional rear access from Spring Creek.
  • Clean environmental site; Phase I & II ESA completed with no contamination found.
Property Profile Location Intelligence

Current Use by Public Records

Jay's Automotive Technology Auto Repair Shop Imperial State Inspection Car Inspection Station Sharks At Tech Software Company BSA Used Cars Used Car Dealer Alan Windows Tints Window Tinting Service

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Houston
County
Harris
State
Texas
Longitude
-95.2314851
Latitude
29.6775454

FAQs

What type of property is this?
Land - 4.38 Acres, High-Traffic Location, Income Producing
Where is this land located?
The property is located at 2888 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 commercial tract on a major thoroughfare with over 20,000 vehicles per day (VPD).; Excellent development opportunity surrounded by national retailers, currently generating passive income from month-to-month tenants.; Dual street frontage on S. Richey St. provides convenient access.
More about this property
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