Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Electronics & Wireless Store (Bike/Boat/Book/etc) Store
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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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.
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