902 Richmond Pkwy Richmond, TX 77469
This exceptional mixed-use property, located at 902 Richmond Parkway in Richmond, Texas (77469), presents a unique investment opportunity. The property encompasses approximately 2.986 acres and features six buildings, offering a versatile blend of commercial and residential space. The main building, a beautifully renovated historic structure built in 1920 and updated in 2011, boasts approximately 3,614 square feet, including five bedrooms/offices and 3.5 bathrooms, spread across two stories. A converted garage provides an additional 1,800 square feet of space, featuring an upstairs apartment. Three additional outbuildings offer ample storage, complemented by a large carport and extensive parking. The property's zoning allows for a variety of uses, including live/work combinations, bed and breakfasts, party venues, medical offices, traditional office spaces, and retail establishments. With its prime location in Fort Bend County and its substantial size, this property offers significant potential for a wide range of investors and entrepreneurs. The property's APN is 8545-00-001-0001-901. The asking price is $1,390,000.
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
Similar Nearby for Lease
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.