14938 Richmond Ave Houston, TX 77082
This exceptional 4.2-acre commercial land parcel presents a unique investment opportunity in Houston, Texas. Strategically located at 14938 Richmond Ave., 77082, this property enjoys a highly visible position near the intersection of Westheimer Road and Richmond Avenue, benefiting from significant daily traffic flow. The site's prime location is further enhanced by its proximity to a robust retail environment anchored by West Oaks Mall, a major shopping destination. Nearby established businesses include Dillards, Sears, Palais Royal, Home Depot, Fortis College, and Regal Edwards Cinema, creating a strong and diverse commercial ecosystem. The property's zoning allows for a variety of uses, including medical facilities, office buildings, hospitality ventures, and entertainment establishments, providing considerable flexibility for developers and investors. This exceptional location and versatile zoning make this 4.2-acre parcel an ideal platform for a wide range of commercial developments, promising significant returns in a thriving Houston market. The property is currently available for lease. Harris County location provides access to a large and diverse population base.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.