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Property profile & analytics
OFF-MARKET Estimated value $2,945,000
Auto shops

6010 Richmond Ave Houston, TX 77057-6208

53,882 SF 4.67 ac lot Built 1991
Entity Owned Absentee Owner Free & Clear
Property ID
US82-4639466
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, 53,111-square-foot Tesla Collision Center situated on a 4.67-acre lot in Houston, Texas. Located at 6010 Richmond Ave., 77057, this single-tenant, net-lease property boasts a long-term lease with Tesla, Inc., providing a corporate guaranty. The property benefits from a mission-critical location near the I-69/I-610 interchange, within a thriving area featuring retail, industrial, and residential components. Annual rent increases are included in the lease agreement. This strategic location, approximately 3.5 miles from a Tesla showroom, leverages high visibility for increased customer traffic, aligning with Tesla's successful strategy of establishing collision centers near their sales locations. The surrounding area demonstrates strong demographics, with over 532,000 people and an average household income exceeding $134,000 within a 5-mile radius. This property is a rare opportunity to acquire a high-performing asset in a rapidly growing market, capitalizing on Tesla's continued expansion and the robust Houston real estate market. The asking price for this exceptional property is $24,532,000.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1991
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 53,882 SF
Lot 4.67 ac (203,621 SF)
APN 1467570010001
UPID US82-4639466
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
Current use
Occupant on record · Public records
  • Tesla Collision Houston Central Auto Repair Shop
  • PBS KIDS Volunteer Organization
  • Savory Sahara Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.95M
Owner & transaction history
NLA GCH HOUSTON LLC
NLA GCH HOUSTON LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $4.4M +2.6%
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