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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
|
| 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
|
TAXES & OPERATING EXPENSES (PRO FORMA - 2021)
| Gross Rental Income | |
|---|---|
| Annual | $128,500 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $128,500 |
| Taxes | |
|---|---|
| Annual | $14,000 |
| Operating Expenses | |
|---|---|
| Annual | $6,500 |
| Total Expenses | |
|---|---|
| Annual | $20,500 |
| Net Operating Income | |
|---|---|
| Annual | $108,000 |
PROPERTY FACTS
| Price | $1,500,000 | Number of Properties | 2 |
| Price / SF | $345.86 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 4,337 SF |
| Status | Active | Total Land Area | 0.89 AC |
| 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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