Nwc Fm 1464 & Beechnut Rd Houston, TX 77407
- Lifestyle centers
Current Use by Public Records
- Lifestyle centers
Property Details for 0 Nwc Fm 1464 & Beechnut Rd
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents a thriving 348-unit multifamily complex integrated with a retail shopping center. Strategically located at the northeast corner of FM 1464 and Beechnut Road in Richmond, Texas (zip code 77407), this property boasts unparalleled accessibility. Its proximity to major thoroughfares such as Westpark Tollway, Highway 6, and the Grand Parkway ensures high visibility and convenient access for both residents and shoppers. The retail component offers a variety of leasing options, including pad sites, making it an attractive proposition for a diverse range of businesses. The existing multifamily component comprises a substantial 348 units spread across three stories, providing a stable and significant income stream. This new development presents a unique blend of retail and residential uses, creating a vibrant and self-sustaining community. The property is situated in Fort Bend County, Texas, and offers significant potential for future growth and appreciation. Interested parties are encouraged to inquire for pricing and detailed financial information. This is a rare opportunity to acquire a high-performing asset in a rapidly developing area of Houston.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.688
- Latitude
- 29.6852