12002 Richmond Ave, Houston, TX 77082
For Lease
1 / 7
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.
-
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.