5524 Richmond Ave Houston, TX 77056-6616
This exceptional 6,075 square foot freestanding retail building presents a unique investment opportunity in the highly desirable Galleria/Uptown area of Harris County. Situated on a 0.98-acre lot, this single-tenancy property boasts an unparalleled location along Richmond Avenue, near the intersection of Chimney Rock Road. Its strategic position provides convenient access to major thoroughfares, including I-69, the Westpark Tollway, and Loop 610, ensuring high visibility and accessibility for customers and employees alike. The building's substantial size offers ample space for a variety of retail uses, making it an ideal choice for businesses seeking a prominent presence in a thriving commercial district. The property's location within the Galleria/Uptown area guarantees a strong customer base and significant foot traffic, contributing to its high potential for return on investment. This is a rare opportunity to acquire a well-positioned, freestanding retail building in one of Houston's most sought-after commercial zones. The property's size, location, and accessibility combine to create a compelling investment prospect for discerning buyers. The convenient access to major roadways ensures easy commutes for both employees and customers, further enhancing the property's appeal. This prime retail space is ready for immediate occupancy and presents a significant opportunity for growth and profitability.
-
Vntg Sply Discount Store
-
Doves Restaurant
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.