10555 richmond ave houston texas 77042

This Office Building commercial property located at 10555 Richmond Ave in Houston is a Office Bldgs. Low-Rise (1 to 4 Stories) property, in the 77042 zip code. This property boasts 64052 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1981 Counsel General Of Mexico created 48040 SF of improvements. CXRE further estimates Counsel General Of Mexico and the property’s previous owners, have realized approximately $5,331,000 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $872,600.

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Points of Interest
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Market Trends
Average Actual Rents in Houston
Asking Rents in Houston Office Market
Houston Office Sales Trends
Frequently Asked Questions
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Property Information

Building #1
Building ClassC - Masonry Bearing
Building StyleOffice Building
HCAD Property IDHarrisCAD1141460030012
Improved Type DescriptionOffice Bldgs. Low-Rise (1 to 4 Stories)
Max Contiguous SF48,040
Min Contiguous SF64,052
OwnerCOUNSEL GENERAL OF MEXICO
QualityAverage
Rentable Building Area49865
Use Code DescriptionOther Exempt (Government)
Year Built1981
Year Remodeled2016

Financial Details

Est. Accrued Depreciation$5,330,998
Est. Avg. Income872638

MS Replacement Cost$5,330,998
Value Per Sq Ft$0.00

Property Type Office - General Office
Property Size 49,000 SF
Lot Size 3.04 Acre
Parking Spaces Avail. 253
Parking Ratio 5.18 / 1,000 SF
Property Tenancy Vacant
Building Class B
Year Built 1981

False

Location

Walk Score ® Somewhat Walkable (55)
Transit Score ® Some Transit (45)
Bike Score ® Somewhat Bikeable (45)

City Houston, TX
Neighborhood Westchase
Zip Code 77042
Market Houston

Points of Interest

Transportation

Fuel station

Parking

Hotels

Restaurants

Education

Child care

TMC Transit Center

9.58 miles

Memorial Hermann Hospital/Houston Zoo

9.83 miles

Stadium Park/Astrodome

9.84 miles

Houston, TX - 9633 Westheimer Road Supercharger

1.43 miles

Hilcroft Park and Ride

3.90 miles

Shell Woodcreek Garage 1

4.98 miles

Addicks Park and Ride

6.24 miles

Northwest Transit Center Parking

7.48 miles

North Kirby Lot

9.42 miles

Texas Medical Center Garage 2

9.76 miles

Texas Medical Center Garage 3

9.88 miles

Moran Center Parking Garage

9.99 miles

Casa flaco hermano Jean

3.62 miles

The Westin Galleria Houston

5.80 miles

La Quinta Inn & Suites by Wyndham Houston Galleria Area

6.53 miles

La Quinta Inn & Suites by Wyndham Houston West at Clay Road

7.32 miles

Frenchy's Chicken

0.11 miles

Tarka Indian Kitchen

0.71 miles

Jack in the Box

5.83 miles

American InterContinental University

0.72 miles

Emerson Elementary School

1.58 miles

Bendwood Elementary School

3.40 miles

Houston Baptist University

3.54 miles

Spring Forest Middle School

3.81 miles

Houston Community College Northwest - Spring Branch Campus

4.14 miles

Spring Woods Middle School

5.84 miles

Houston Community College West Loop Campus

6.18 miles

Peaceful Beginnings Montessori Academy

2.69 miles

Westlake Child Development Center

5.62 miles

KinderCare Learning Center

6.19 miles

Bonne Vie School

6.24 miles

Early Learning Campus of the Awty International School

7.49 miles

Creative Minds Child Development Center

7.59 miles

Muhchkins Academy

7.96 miles

Contacts

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Owner

True Owner
Registered Owner

Tenants

Suite Name	Tenant	Leased Space	Rent Price	Lease Type	Space Type	Lease Term
370 17th Street #5500	MERRILL, (303) 446-5500	23,824 SF	$23/SF/YR	Modified Gross	General Office	11/01/2014- N/A
370 17th Street #6000	Morrison & Foerster, (303) 592-1500	10,710 SF	$26/SF/YR	Full Service	General Office	08/01/2013- 07/31/2023

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Brokers

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Documents

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Sales

Purchase Date 29 Nov, 2016
Purchase Price
Arm's Length True
Buyer Name

Mortgages

Current Lender
Loan Amount
Loan Origination Date
Loan Maturity Date

Market Trends

Average Actual Rents in Houston

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Recoverables Show detailsHide details

$16.7/SF/YR

Management Fees

$1.3/SF/YR

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Asking Rents in Houston Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $30.34
2020 Office Vacancy Rate 22.37%
2020 Office Completions (SF) 684,182

Houston Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

2020 Avg. Price per SF $329.27
2020 Office Sales Volume $1.1B
2020 Number of Transactions 19

View more Houston market trends

Tax

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Frequently Asked Questions

What is the total square footage of 10555 Richmond Avenue?

10555 Richmond Avenue totals 49,000 square feet.

When was this property built?

10555 Richmond Avenue was built in 1981.

When was 10555 Richmond Avenue last sold?

10555 Richmond Avenue was last sold on 29 Nov, 2016.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.