5111 Power Line Rd Richmond, TX 77469
- Commercial real estate
- 7,330 SF
- 1.78 lot acres
Current Use by Public Records
- A Young Adventure Child Care / Day Care Center
Property Details for 5111 Power Line Rd
- Year built
- 1986
- Lot size
- 1.78 lot acres
- Property size
- 7,330 SF
- Property type
- Commercial real estate
- APN
- 5535-00-000-0130-901
- APU
- 5535000000130901
Description
This exceptional investment opportunity presents a thriving 7,394-square-foot daycare center situated on a spacious 1.77-acre lot in Richmond, Texas. Currently operational, the property boasts two well-maintained buildings, offering significant potential for continued success or repurposing. The main building, encompassing the entire 7,394 square feet, is currently utilized as a daycare and has recently undergone substantial upgrades. These improvements include a newly installed privacy fence, new chain-link fencing, updated toys, a renovated kitchen, and new toilets, among other enhancements. The property's strategic location benefits from high traffic counts, further amplified by recent highway expansion. The convenient roundabout driveway and rear access via Meadow Bend Park Estates provide excellent accessibility. Priced at $1,600,000 ($216.39 per square foot), this property presents a compelling investment opportunity. Its versatility extends beyond daycare use
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
- -95.791
- Latitude
- 29.5087
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
