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    5107 Highway 288B Richwood, TX 77531

    For Sale
    $575,000

    Texas Office/Retail Space - $575K

    Property size:
    3,125 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional mixed-use property, located at 5107 N Hwy 288 in Clute, Texas, presents a compelling investment opportunity. The 3,125 square foot building, situated on a single story, offers a versatile layout ideal for a variety of commercial uses, including office, retail, or industrial businesses. The asking price is $575,000, translating to $184 per square foot. The property features a well-designed interior including one office, a reception area, a kitchen, and two and a half restrooms. Its convenient location off of busy Highway 288 ensures high visibility and accessibility for customers and employees. The property is available for occupancy beginning May 1st, 2024. This is a rare opportunity to acquire a well-maintained, strategically located commercial space in the thriving Brazoria County market. The property's adaptability makes it suitable for a wide range of businesses seeking a prominent presence in a high-traffic area. The building's functional design and ample space provide a solid foundation for immediate occupancy and future growth. Serious inquiries are encouraged to explore this promising investment prospect further. The property is located in the city of Clute, zip code 77531.

    Property Features for 5107 Highway 288B

    General Information

    Property type
    Retail properties
    Square Feet
    3,125 SF

    Building Details

    Stories
    1

    HighLights

    • $575,000 asking price.
    • 3,125 square foot mixed‑use building (office and retail).
    • $184 per square foot.
    • Available May 1, 2024.
    • Single‑story building located at 5107 N Hwy 288b, Clute, TX 77531.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Pharmacy Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Richwood
    County
    Brazoria
    State
    Texas
    Longitude
    -95.413751645543
    Latitude
    29.085325267225

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    FAQs

    What type of property is this?
    Retail property - Texas Office/Retail Space - $575K
    Where is this retail property located?
    The property is located at 5107 Highway 288B Richwood, TX.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: $575,000 asking price.; 3,125 square foot mixed-use building (office and retail).; $184 per square foot.
    Request Owner's contact information
    5107 Highway 288B Richwood, TX 77531
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    Richwood, TX 77531
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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
    5107 Highway 288B Richwood, TX 77531
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