3403 Richmond Ave Houston, TX 77046-3401
This exceptional mixed-use property, located at the southwest corner of Richmond Avenue and Buffalo Speedway in Houston, Texas (77046), presents a unique investment opportunity. The 42,334 square foot building, constructed in 1979, sits on a generous 2.21-acre lot (approximately 96,268 square feet). The three-story structure is classified as Class B and currently features three units, adaptable to a variety of uses. Its zoning allows for hospitality, multifamily, office, and retail uses, making it highly versatile. The property's prime location offers excellent visibility and accessibility, with proximity to Transwestern Development The RO. City of Houston utilities are in place. This location provides significant development potential for investors seeking to capitalize on the thriving Houston market. The property's size and zoning flexibility offer a wide range of redevelopment possibilities, from expanding existing uses to creating entirely new concepts. This is an exceptional opportunity to acquire a substantial property in a high-demand area with significant upside potential. The property's existing infrastructure and convenient location make it an attractive investment for both short-term and long-term growth.
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713 Auto Insurance - Commercial & Trucking Insurance Agency
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Sunny-Garage-_D00R LLC. Construction Company General Contractor
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Chase Mortgage Loan Service Bank
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 Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.