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