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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5070 Richmond Ave Houston, TX 77056

1,253 SF
Property ID
Property summary
AI-generated overview

This 1,253-square-foot retail space is located at 5070 Richmond Avenue in Houston, Texas, within the Galleria submarket of Harris County. The property is a single-tenant space situated inside an existing 24-Hour Fitness gym. Ideal for health, wellness, and fitness-related businesses, the space is perfect for uses such as martial arts, physical therapy, chiropractic services, massage therapy, or similar ventures. Prospective tenants should note that food and beverage preparation on-site is prohibited, as are pole dancing classes and uses requiring significant construction or utility upgrades. Rent includes common area maintenance, property taxes, and utilities (excluding phone, cable, and internet). The property's prime location within the Galleria area offers excellent visibility and accessibility. This is a fantastic opportunity for a business seeking a well-located, move-in ready space within a thriving fitness environment. The zip code is 77056.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,253 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
  • GYM Gym & Fitness Center
  • 24 Hour Fitness Gym & Fitness Center
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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