Property summary
This exceptional Class A, 9,000 square foot retail center in Richmond, TX (Houston MSA), presents a compelling investment opportunity. Built and renovated in 2024, the property boasts a fee-simple ownership structure and features three tenants under NNN leases, commencing April 1, 2024, and expiring May 31, 2031. The current occupancy is 100%, generating a strong NOI of $270,000 and a 6.51% cap rate. The asking price is $4,150,000, translating to $461.11 per square foot. The property… includes 37 parking spaces and benefits from built-in 3% annual rent bumps. Situated on a 0.876-acre lot, the land value alone is significant at $76 per square foot. The center is strategically located near major retailers, including Costco, Target, HEB, and PetSmart, and is adjacent to a large master-planned community and a new Amazon fulfillment center, ensuring a robust and growing customer base. The strong demographics of the area, with over 262,000 residents and 130,000 employees within a 5-mile radius and an average household income exceeding $146,000 within a 1-mile radius, further solidify this investment's potential. The current rent is considered below market value, presenting an opportunity for future rental increases. This is a stabilized, multi-tenant NNN investment with franchisee tenants. The property's address is 18620 W Bellfort St, Richmond, TX 77407.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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