5800 Richmond Ave Houston, TX 77057
- Outlet malls
- 37,676 SF
- 0.38 lot acres
Current Use by Public Records
- Kawai Piano Gallery / Event Venue / Music School
- Imperio Social Club / Social Club
- Stone By Design / Stone Supplier
- Mccarthy Company / Fertilizer Supplier
Property Details for 5800 Richmond Ave
- Year built
- 1975
- Construction
- STEEL FRAME
- Lot size
- 0.38 lot acres
- Property size
- 37,676 SF
- Property type
- Outlet malls
- APN
- 731870000053
- APU
- 731870000053
Description
This exceptional investment opportunity presents a freestanding, two-story retail building situated on a prominent corner lot at 5800 Richmond Avenue in Houston, Texas, zip code 77057. The property boasts a substantial 41,351 square feet of space, situated on a 2.74-acre lot. Its prime location in the Galleria area offers unparalleled visibility and accessibility, with easy access to major thoroughfares including I-69 and the 610 West Loop South. The building is configured as a single unit, offering flexibility for a variety of retail uses. The property is classified as a Net-Net-Net (NNN) lease, meaning the tenant is responsible for most operating expenses. This owner/user investment opportunity is ideal for businesses seeking a high-profile location with significant square footage. The building's two-story design provides ample space for both retail operations and potential office or storage areas. The property's location at the intersection of Richmond Avenue and Bering Drive, between Fountain View and Chimney Rock, ensures high traffic volume and excellent exposure to potential customers. This is a rare opportunity to acquire a substantial retail property in one of Houston's most desirable commercial districts.
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
- -95.481
- Latitude
- 29.732
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
