5250 Fm 1640 Rd Richmond, TX 77469
- Commercial real estate
- 6,377 SF
- 2.00 lot acres
Current Use by Public Records
- IBC Bank ATM / Atm
Property Details for 5250 Fm 1640 Rd
- Year built
- 2001
- Lot size
- 2.00 lot acres
- Property size
- 6,377 SF
- Zone code
- YM
- Property type
- Commercial real estate
- APN
- 0055-00-000-0676-901
- APU
- 55000000676901
Description
This exceptional redevelopment opportunity presents a vacant, 6,541-square-foot former IBC Bank building situated on a generous 2-acre lot in Richmond, Texas. The single-story, Class B property, built in 2001, offers significant potential for adaptive reuse. Currently vacant, the building provides a blank canvas for a variety of retail concepts. With a total of 6,541 square feet of net rentable space, the property boasts a compelling price per square foot of $301.94. The land itself offers considerable value, with a price per square foot of $28.50. Ample parking is available, providing 28 spaces per 1,000 square feet. The property's address is 5250 FM1640, Richmond, TX 77469, within Fort Bend County. The property features a prominent location with pylon signage availability, enhancing visibility and attracting potential customers. This is an ideal investment for developers seeking a high-impact retail project in a thriving Texas market. The property's APN is 0055-00-000-0676-901. The asking price is $1,975,000.
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
- Richmond
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.7642
- Latitude
- 29.5577
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
