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Childcare or Montessori School 20715 Bellaire Blvd

11,852 SF Retail Building Richmond, TX 77407 $4,900,000 ($413/SF)

Investment Highlights

  • Move-in Ready Opportunity - Ideal for a Daycare/Montessori operator who is looking for a turn-key operation without waiting months.
  • 26 security cameras (inside & outside) & High-End security system with flood lights outside.
  • Fire detection in every room.
  • Motion sensor lights throughout.
  • Full commercial kitchen with grease trap.
  • Procare Keyless Entry System.

Executive Summary

This property is an excellent purchase opportunity in Richmond, TX, just south of Cinco Ranch. The building is strategically located between multiple large residential communities, near the intersection of major thoroughfares Mason Road and Bellaire Boulevard, with an average of approximately 13,000 and 16,000 VPD respectively, per TxDOT.
20715 Bellaire Boulevard was built in 2022 with premier finishes and up-to-date safety measures. The property is comprised of a large reception area, two private offices, conference room, commercial kitchen, (10) individual classrooms with restrooms ensuite, a laundry room, and additional storage rooms.
The property is located in the Floodplain, however it has not seen any flooding. The building is in the 500-year Floodplain and the South side of the parking lot is located in the 100 Year floodplain, per FEMA.
Video Link: https://drive.google.com/file/d/1YDtthSoynmhw0wzo8mMcOL5c1SwSb-Sd/view?usp=drive_link

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Day Care Center
Building Size
11,852 SF
Building Class
C
Year Built
2022
Price
$4,900,000
Price Per SF
$413
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Land Acres
1.23 AC
Parking
33 Spaces (2.78 Spaces per 1,000 SF Leased)
Frontage
146 FT on Bellaire Boulevard

Amenities

  • Fenced Lot
  • Security System

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0171-00-000-0109-907
Land Assessment
$615,710 (2023)
Improvements Assessment
$2,834,141 (2023)
Total Assessment
$3,449,851 (2023)
  • Listing ID: 33754119

  • Date on Market: 4/19/2024

  • Last Updated:

  • Address: 20715 Bellaire Blvd, Richmond, TX 77407

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