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623 N Richmond Rd

3,716 SF Retail Building Wharton, TX 77488 $300,000 ($81/SF)

Investment Highlights

  • Heavy Daytime Traffic
  • Newly Renovated and spacious
  • Highly visible location on hard corner lot

Executive Summary

FOR LEASE $3500/MONTH + CAM. Former Tire Shop in excellent location on hard corner of N. Richmond Rd and Sorrell Street in Wharton, Texas. Recently renovated and ready for new owner! 3,716 Sq.Ft. building located on 0.396 Acre Lot. Building has two electric roll up doors with plenty of space to work on vehicles. Separate Reception Area for customers to wait comfortably, Huge Open Concept Area for offices, 2 bathrooms, 2 large storage rooms. This property has endless possibilities! Will not last long.

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
Auto Repair
Building Size
3,716 SF
Building Class
C
Year Built/Renovated
1950/2023
Price
$300,000
Price Per SF
$81
Building Height
1 Story
Building FAR
0.30
Lot Size
0.28 AC
Opportunity Zone
Yes
Zoning
Commercial
Frontage
116 FT on N. Richmond

Amenities

  • 24 Hour Access
  • Corner Lot
  • Pylon Sign
  • Storage Space

Nearby Major Retailers

Prosperity Bank
Capital One
CrossFit
CommunityBank of Texas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R026412
Land Assessment
$30,296 (2023)
Improvements Assessment
$78,522 (2023)
Total Assessment
$108,818 (2023)
  • Listing ID: 29475061

  • Date on Market: 9/8/2023

  • Last Updated:

  • Address: 623 N Richmond Rd, Wharton, TX 77488

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