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S. Richey Complex 2888 S Richey St

50,000 SF 100% Leased Industrial Building Houston, TX 77017 $3,200,000 ($64/SF)

Warehouses Texas Houston 2888 S Richey St, Houston, TX 77017

Investment Highlights

  • Heave Traffic
  • Over 600 feet of linear frontage on S. Richey
  • 300 feet deep
  • New and Recent development
  • 5 Curb Cuts

Executive Summary

Property is perfect for fast food, supermarket, shopping center development. The dimension are ideal for all these opportunities.
Over 600 linear feet on S. Richey and 300 feet deep.
It is currently drawing income that allows investors and developers ample time to put prospects together while articulating the property layout.

Attachments

2888 S. Richey, Houston, TX. 77017 - Flyer V2 (1)

Data Room Click Here to Access

  • Offering Memorandum

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $3,200,000 Building Class C
Price Per SF $64 Lot Size 4.38 AC
Sale Type Investment Rentable Building Area 50,000 SF
Sale Conditions
1031 Exchange
  • Ground Lease (Leased Fee)
  • Lease Option
  • Redevelopment Project
 No. Stories 1
Property Type Industrial Year Built 1964
Property Subtype
Warehouse
  • General Retail Bank
  • General Retail Restaurant
  • General Retail Supermarket
 No. Drive In / Grade-Level Doors 5
Price $3,200,000
Price Per SF $64
Sale Type Investment
Sale Conditions
1031 Exchange
  • Ground Lease (Leased Fee)
  • Lease Option
  • Redevelopment Project
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Bank
  • General Retail Restaurant
  • General Retail Supermarket
Building Class C
Lot Size 4.38 AC
Rentable Building Area 50,000 SF
No. Stories 1
Year Built 1964
No. Drive In / Grade-Level Doors 5
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2888 S Richey St, Houston, TX - aerial map view
Walk Score ®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
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Transit Score® measures access to public transit.
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What is a Walk Score®
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Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 0451690000026 Improvements Assessment $846,317
Land Assessment $557,550 Total Assessment $1,403,867

PROPERTY TAXES

Parcel Number
0451690000026
Land Assessment
$557,550
Improvements Assessment
$846,317
Total Assessment
$1,403,867
(832) 713-1158

Contact

  • Listing ID: 32212319

  • Date on Market: 6/21/2024

  • Last Updated:

  • Address: 2888 S Richey St, Houston, TX 77017

More public record information on 2888 S Richey St, Houston, TX 77017

The Industrial Property at 2888 S Richey St, Houston, TX 77017 is currently available for sale. Contact Regional Properties for more information.

Industrial PROPERTIES IN NEARBY NEIGHBORHOODS

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2888 S Richey St, Houston, TX for sale Aerial- Image 1 of 10
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S. Richey Complex | 2888 S Richey St
(832) 713-1158 x

S. Richey Complex | 2888 S Richey St

Lee Hernandez

(832) 713-1158

(832) 713-1158

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