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    12002 Richmond Ave Houston, TX 77082

    Sponsored
    For Lease
    Contact for pricing

    15,275 SF, 2 spaces available, prime location.

    Lot size:
    15,275 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional single-story, Class B commercial property, The Plazas at Royal Oaks, offers a unique blend of medical and creative office spaces within a thriving shopping center. Built in 2004, the 15,275 square foot building features nine suites, with 2,600 square feet currently vacant, offering flexible options ranging from 1,200 to 2,100 contiguous square feet. The property boasts 73 parking spaces, providing ample convenience for tenants and their clients. Its location near S Kirkwood Dr. in Harris County ensures excellent accessibility. The building is ideal for businesses seeking a versatile and well-situated space in a high-demand area. The surrounding Royal Oaks neighborhood demonstrates a strong economic profile, with a median home price exceeding that of 96.4% of Texas neighborhoods and 88.6% of US neighborhoods. This reflects a high concentration of residents in executive, management, and professional occupations, boasting an average household income of $79,282. Commuting patterns show a significant reliance on private vehicles (87.4%), supplemented by carpooling (6.7%) and bus usage (5.9%), indicating robust local transportation options. The property's location within a shopping center further enhances its visibility and accessibility, making it an attractive option for a variety of businesses. This is a rare opportunity to secure prime commercial space in a highly desirable and affluent area.

    Property Features for 12002 Richmond Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,275 SF
    Class
    B

    Building Details

    Year Built
    2004
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 1000
    Size
    1,400 SF
    Space
    Suite 300
    Size
    1,200 SF

    HighLights

    • 15,275 SF retail building in Harris County, Texas.
    • Two available spaces ranging from 1,200 SF to 2,100 SF.
    • Nine total suites in a single‑story, Class B building built in 2004.
    • 2,600 SF of vacant space available.
    • 73 parking spaces on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Alicia's Mexican Grille Mexican Restaurant Little Thai Cafe Thai Restaurant Lakeview Dental: Dr. ... Dentist Western Union Money Transfer Service Martinizing Cleaners Dry Cleaner

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.589542750471
    Latitude
    29.731152559031

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    FAQs

    What type of property is this?
    Lifestyle center - 15,275 SF, 2 spaces available, prime location.
    Where is this lifestyle center located?
    The property is located at 12002 Richmond Ave Houston, TX.
    What are key features of this property?
    This property features: 15,275 SF retail building in Harris County, Texas.; Two available spaces ranging from 1,200 SF to 2,100 SF.; Nine total suites in a single-story, Class B building built in 2004.
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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
    12002 Richmond Ave Houston, TX 77082
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