12002 Richmond Ave Houston, TX 77082
Property profile & analytics
12002 Richmond Ave Houston, TX 77082
- Strip malls
- 16,994 SF
- 1.44 lot acres
Property ID
US83-3720194
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Alicia's Mexican Grille / Restaurant
- Little Thai Cafe / Restaurant
- Lakeview Dental: Dr. Rashmi Nandish / Dental Office
- Western Union / Bank / Credit Union
- Martinizing Cleaners / (Bike/Boat/Book/etc) Store
Property Details for 12002 Richmond Ave
- Year built
- 2003
- Construction
- STEEL FRAME
- Lot size
- 1.44 lot acres
- Property size
- 16,994 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 1241600010001
- APU
- 1241600010001
Description
This exceptional single-story, Class B commercial property, The Plazas at Royal Oaks, offers a unique blend of medical and creative office spaces within a thriving shopping center. Built in 2004, the 15,275 square foot building features nine suites, with 2,600 square feet currently vacant, offering flexible options ranging from 1,200 to 2,100 contiguous square feet. The property boasts 73 parking spaces, providing ample convenience for tenants and their clients. Its location near S Kirkwood Dr. in Harris County ensures excellent accessibility. The building is ideal for businesses seeking a versatile and well-situated space in a high-demand area. The surrounding Royal Oaks neighborhood demonstrates a strong economic profile, with a median home price exceeding that of 96.4% of Texas neighborhoods and 88.6% of US neighborhoods. This reflects a high concentration of residents in executive, management, and professional occupations, boasting an average household income of $79,282. Commuting patterns show a significant reliance on private vehicles (87.4%), supplemented by carpooling (6.7%) and bus usage (5.9%), indicating robust local transportation options. The property's location within a shopping center further enhances its visibility and accessibility, making it an attractive option for a variety of businesses. This is a rare opportunity to secure prime commercial space in a highly desirable and affluent area.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $525,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $650,000
Market price range: $355k - $651k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $520,000 Current use
- WAREHOUSE, STORAGE
- $790,000 Change: +51% Conversion: Difficult
- RETAIL STORES
- $540,000 Change: +3% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.5899
- Latitude
- 29.7315
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$35,428
$943,080
$2,242,079
$3,185,159
-
$943,080
$2,242,079
$3,185,159
