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Retail Space in Royal Oaks
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12002 Richmond Ave., Houston, TX 77082

Retail space available in Houston's Royal Oaks neighborhood.

Space Size2,198 SF
Property Size15,275 SF
Days on Market1605

Property Features for 12002 Richmond Ave.

General Information

Standard status Active
Size 2,198 SF
Class B
Total Parking Spaces 73
Property subtype Retail

Building Details

Building Size 15,275 SF
Year Built 2004
Tenancy Multiple

Spaces For Lease

at 12002 Richmond Ave. Contact us

Suite 700

Size
2,198 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: KM Realty Advisors Houston
Listed By: Ronald Patrice · License #TX 780842
Source: Crexi
Added: Apr 14, 2022 Changed: Aug 25 Last Checked: Aug 29 at 7:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KM Realty Advisors Houston

Investment Insights

Based on property information with market context.

Located in the Royal Oaks neighborhood, the median real estate price is $638,469, exceeding 96.4% of Texas neighborhoods and 88.6% of U.S. neighborhoods. This area features a higher proportion of apartment complexes or high-rise apartments. Approximately 52.2% of the working population holds executive, management, and professional positions, with an average household income of $79,282. Most residents (87.4%) commute alone by car, while 6.7% carpool and 5.9% use the bus.

Key Highlights

  • High concentration of executive, management, and professional occupations (52.2%).
  • Higher than average household income ($79,282).
  • Located in the Royal Oaks neighborhood.

Property Analytics

Current Use

Alicia's Mexican Grille Restaurant Little Thai Cafe Restaurant Lakeview Dental: Dr. ... Dental Office Western Union Bank Martinizing Cleaners (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Auto Parts Store Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,052
Businesses Nearby

Demographics for 77082, TX

57,493
Population
24,994
Households
2.3
Avg Household Size
35
Median Age
36%
College-Educated
88%
High-School Grad
12.6 sq mi
ZIP Area
4,563
Density / Sq Mi
$60,510
Median Household Income
$35,789
Median Earnings
$1,361
Median Rent
$225,600
Median Home Value

Market

Lease Benchmarks for Houston, TX

$25.27 /SF/Yr
Avg Asking Price
$2.15–$50 /SF/Yr
Price Range
12,686 SF
Avg Space Size

Vacancy Rate% for Retail in Houston, TX

6.9% 2019
8.2% 2020
7.6% 2021
6.4% 2022
6% 2023
6.6% 2024
6.6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in Houston's Royal Oaks neighborhood.
Where is this retail space located?
The property is located at 12002 Richmond Ave. Houston, TX.
What are key features of this property?
This property features: High concentration of executive, management, and professional occupations (52.2%).; Higher than average household income ($79,282).; Located in the Royal Oaks neighborhood.
More about this property
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