18110 Madden Rd Richmond, TX 77407
This brand-new, single-story building (9,207 square feet) at 18110 Madden Rd, Richmond, TX 77407, offers two available retail or restaurant spaces. Construction is nearing completion with an estimated occupancy date of May-June 2025. The 5.94-acre lot features ample parking (1.3 spaces per 1000 sq ft) and benefits from a strategic location with easy access to major roadways including Highway 99, Westpark Tollway, and the Grand Parkway. This development includes an anchor gas station and convenience store, a significant advantage given the limited competition in the immediate area. The property enjoys high visibility and is situated near a bustling shopping center (including an HEB) and two rapidly growing, high-income residential neighborhoods, including Aliana, and a luxury apartment complex, ensuring a steady stream of potential customers. The limited availability of commercial space in this area presents a unique opportunity for businesses seeking a prime location with excellent long-term potential. This is a high-traffic area with only one other fully leased strip center nearby. The building's modern design and convenient location make it an ideal choice for businesses looking to establish a strong presence in a thriving community.
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Concrete on Demand Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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