1925a Richmond Ave Houston, TX 77098
- Warehouses
- 5,835 SF
Current Use by Public Records
- Land Sea & Sky / Telescope Store
Property Details for 1925a Richmond Ave
- Year built
- 1997
- Property size
- 5,835 SF
- Property type
- Warehouses
- Property subtype
- Retail properties
Description
This exceptional investment opportunity presents two adjacent, single-tenant properties ideally situated at 1925A & 1927 Richmond Ave, Houston, TX 77098. Boasting a combined 5,835 square feet of net rentable area across two buildings constructed in 1997 and 2005, this property sits on a 10,350 square foot lot (0.2376 acres per HCAD). Currently operating as a single, owner-occupied business, the space offers a versatile layout encompassing retail storefront, office space, storage, and repair areas spread across two stories. The property benefits from newer construction compared to many in the area, city utilities, and a location outside of floodplains and floodways per FEMA. Ample parking is provided with 14 spaces (a 2.60 per 1,000 SF ratio). Its central location offers excellent access to key Houston areas including the Upper Kirby District, Montrose, Museum District, Texas Medical Center, Midtown, and the Central Business District (CBD). The property enjoys full ingress/egress from all four directions and prominent signage along Richmond Avenue. A demographic analysis reveals a high population density, high household incomes, and a predominantly highly educated population. This is a rare opportunity to acquire a well-located, versatile property in a thriving Houston neighborhood.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.4082
- Latitude
- 29.7339
