2888 Richey St Houston, TX 77017
- Warehouses
- 7,100 SF
- 4.38 lot acres
Current Use by Public Records
- Jay's Automotive Technology / Auto Repair Shop
- Imperial State Inspection / Car Inspection Station
- Sharks At Tech / Software Company
- BSA Used Cars / Used Car Dealer
- Alan Windows Tints / Window Tinting Service
Property Details for 2888 Richey St
- Year built
- 1964
- Construction
- METAL FRAME
- Lot size
- 4.38 lot acres
- Property size
- 7,100 SF
- Property type
- Warehouses
- APN
- 451690000026
- APU
- 451690000026
Description
This exceptional 4.38-acre commercial and industrial land parcel presents a remarkable investment opportunity in Houston, Texas. Located at 2888 S. Richey St., 77017, in Harris County, this property boasts a prime location on a major thoroughfare with over 20,000 vehicles passing daily (VPD). Surrounded by established national businesses, this site offers significant development potential. Currently generating passive income from month-to-month tenants, this property provides immediate return while allowing time to secure long-term tenants. The strategic location offers excellent accessibility, with frontage on two streets ensuring easy ingress and egress. Five potential pad sites are available along S. Richey Street, and additional access is provided via Spring Creek at the rear of the property. A comprehensive Phase I and II Environmental Study has been completed, with results indicating no environmental contamination. The asking price for this exceptional property is $3,200,000. This is a rare opportunity to acquire a high-traffic, income-producing land parcel with significant development potential in a thriving Houston market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.2316
- Latitude
- 29.6777
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
