Pedraza Properties 2 Office Properties Offered at $1,500,000 in Richmond, TX

EXECUTIVE SUMMARY

FRONT BUILDING: - Completely remodeled in 2007 with approximately +/- 2900 sq. ft., this building has a large conference room, 9 office units, reception room, kitchenette, 3 bathrooms (including one private executive bathroom) and wood floors!! BACK BUILDING: - Built in 2011 with approximately +/- 1300 sq. ft., this building has 6 office units, reception room, kitchenette, 3 bathrooms (including one private executive bathroom) and wood floors!
Perfect location on 762/Thompson Rd. in Richmond right across the street from the TW Davis YMCA, approximately 1 mile from the new Richmond courthouse complex, approximately 2 miles from the new Brazos Town Center and less than 1/2 mile to historic downtown Richmond.
Please contact broker for more details. One of the buildings will undergo major interior renovations starting June 30th.

TAXES & OPERATING EXPENSES (PRO FORMA - 2021)

ANNUAL
Gross Rental Income $128,500
Other Income -
Vacancy Loss -
Effective Gross Income $128,500
Taxes $14,000
Operating Expenses $6,500
Total Expenses $20,500
Net Operating Income $108,000

PROPERTY FACTS

Price $1,500,000
Price / SF $345.86 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 4,337 SF
Total Land Area 0.89 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Building 100
1006 Thompson Rd, Richmond, TX 77469
Office 3,017 SF 1962 -
Building 200
1006 Thompson Rd, Richmond, TX 77469
Office 1,320 SF 2011 -
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  • Listing ID: 22749195

  • Date on Market: 4/15/2021

  • Last Updated:

  • Address: Pedraza Properties, Richmond, TX