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Property profile & analytics
OFF-MARKET
Commercial real estate

1643 Richmond Ave Houston, TX 77006

3,000 SF Built 2024
Property ID
US83-3508933
Property summary
AI-generated overview

This exceptional 3,000-square-foot retail building, constructed in 2024, presents a unique investment opportunity in Houston's vibrant Montrose neighborhood. The single-tenant property is entirely vacant and ready for immediate occupancy. Its strategic location on Richmond Avenue, between Dunlavy Street and Montrose Boulevard, provides unparalleled visibility and accessibility. The building benefits from its proximity to major thoroughfares, including Highway 59 and Interstate 45, ensuring convenient access for customers and employees. Situated in the heart of Montrose, this property is just minutes away from affluent neighborhoods such as River Oaks, Upper Kirby, Midtown, Southampton, and the Museum District, guaranteeing a substantial customer base. The building's modern design and prime location make it ideal for a variety of retail uses, offering significant potential for growth and return on investment. This is a rare opportunity to secure a brand-new, high-visibility retail space in one of Houston's most desirable and high-traffic areas. The property is classified as a retail building, single tenant, within Harris County. The entire 3,000 square feet is currently available.

Property profile
Verified
Property type Commercial real estate
Year built 2024
Total area 3,000 SF
UPID US83-3508933
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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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