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    Property profile & analytics
    OFF-MARKET Estimated value $540,000
    Strip malls

    12001 Richmond Ave, Houston, TX 77082-7673

    12,575 SF 1.12 ac lot Built 2008
    Individually Owned Free & Clear
    Property ID
    US82-4452417
    Property summary
    AI-generated overview

    This exceptional retail property, located at 12001 Richmond Avenue in Houston, Texas, presents a fantastic leasing opportunity. The property boasts a total building size of 12,500 square feet, with 1,282 square feet currently available for lease. Situated in Harris County, zip code 77082, this single-tenant space offers significant potential for a variety of retail businesses. The property's convenient location on Richmond Avenue provides excellent visibility and accessibility to a high volume of traffic. The building is classified as commercial retail and is ideal for businesses seeking a well-maintained space in a thriving Houston neighborhood. The available 1,282 square feet offers ample room for a variety of retail configurations, allowing for customization to meet specific business needs. This is a rare opportunity to secure a prime retail location in a high-demand area of Houston. The property's size and location make it an attractive option for businesses looking to establish a strong presence in the Houston market. Serious inquiries are encouraged to explore this exceptional leasing opportunity further. The property is easily accessible from major roadways, ensuring convenient access for both customers and employees. This is a single-tenant space, providing a unique opportunity for a business to establish its own identity and brand within the building. Don't miss out on this chance to secure a prime retail location in Houston.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2008
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 12,575 SF
    Lot 1.12 ac (48,787 SF)
    APN 1226160010002
    UPID US82-4452417
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Hollywood Dentists Dental Office
    • Luxe Aesthetics and wellness med spa Spa & Massage Center Alternative Medicine Practice
    • Dr. Calvin Nguyen Dental Office
    • Curl Boss Hair Salon
    • Packard's Pub Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $595k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $481k
    Blend (final) Blend
    $540k
    Owner & transaction history
    OAKS SQUARE ROYAL
    OAKS SQUARE ROYAL
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $875,000 +126.4%
    Medical building $805,000 +107.8%
    Warehouse, storage $585,000 +51.2%
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