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    OFF-MARKET
    Warehouses

    1925a Richmond Ave, Houston, TX 77098

    5,835 SF Built 1997
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Warehouses
    Year built 1997
    Total area 5,835 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Land Sea & Sky Electronics & Wireless Store (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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