3011 Richey Rd Houston, TX 77338
This exceptional 10.13-acre property, located at 3011 & 3015 E Richey Rd in Humble, Harris County, Texas, presents a unique investment opportunity. Zoned for commercial, industrial, and residential uses, this expansive land parcel offers significant development potential. The property boasts convenient access and is situated in the thriving Houston metropolitan area, zip code 77338. With a total area of 441,476 square feet, the land is equipped with a water well and septic system, ensuring essential infrastructure is already in place. Three-phase power is also available, catering to a wide range of development needs. The seller is offering owner financing, making this an attractive proposition for various investors. This versatile property is well-suited for a variety of projects, from commercial ventures to residential subdivisions, offering substantial returns for the discerning buyer. The property's location in a rapidly growing area of Houston further enhances its value and potential for future appreciation. This is a rare opportunity to acquire a large, well-equipped parcel of land in a prime location. The asking price is $3,300,000.
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
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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.