Specialty Real Estate
1600 East Richey Road Houston, TX 77073
Details & Description
Price: $3,490,000
    This is a great opportunity to acquire an expansive property and cash flowing business in North Houston. This +/- 12,000 SF building sits on 4.5 AC with detention and is desirably situated for additional development. The building is fully built out with 30 tons of HVAC, wood and tile floors, built in sound system, performance stage, and food / beverage service rooms. All associated equipment and inventory will be conveyed with the sale and is included in the price. This property is desirably located with direct proximity to multiple high schools, Lone Star College, and is surrounded by residential development with favorable demographics. The current owners will continue to take reservations for new ownership to begin making money on day 1. Please contact broker for financials.
    Property Highlights
    Additional Photos
    Listing Agents
    Hunter Spielman

    M: 817-233-6663
    hspielman@blacklabelcommercial.com
    Beau Harris

    M: 936-523-0483
    beau@blacklabelcommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1600 East Richey Road

    Houston, TX 77073

    Listing ID: 311571
    • 1600 East Richey Road Houston, TX 77073 | for Sale | Photo 1
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    Building Size: 12,000 SF
    Lot Size: 4.500 AC
    Land Size: 196,020 SF
    Building $/SF: $290.83
    Land $/SF: $17.80
    Price
    $3,490,000
    Property Highlights
    Size Capacity: 350+ People
    Parking Spaces: 85+
    Tables & Chairs For 350+
    Full HVAC & Drywall Walls
    (1) Performance Stage
    (1) Food Service Room
    (1) Concession Room
    (2) 8-Person Bathrooms (M & W)
    (1) Dressing Room
    (1) Equipment Storage Room
    (2) Equipment Storage Closets
    Description

    This is a great opportunity to acquire an expansive property and cash flowing business in North Houston. This +/- 12,000 SF building sits on 4.5 AC with detention and is desirably situated for additional development. The building is fully built out with 30 tons of HVAC, wood and tile floors, built in sound system, performance stage, and food / beverage service rooms. All associated equipment and inventory will be conveyed with the sale and is included in the price. This property is desirably located with direct proximity to multiple high schools, Lone Star College, and is surrounded by residential development with favorable demographics. The current owners will continue to take reservations for new ownership to begin making money on day 1. Please contact broker for financials.

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    Houston History of Specialty Real Estate for Sale

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    Houston Area Market Trends

    Listing Demographics for 1600 East Richey Road Houston, TX 77073

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population1,68854,898212,435
    Population Median Age373232
    Population by Age0-9 Yrs189 (11%)8667 (15%)37247 (17%)
    10-19 Yrs354 (20%)8972 (16%)32517 (15%)
    20-29 Yrs111 (6%)8863 (16%)35332 (16%)
    30-39 Yrs268 (15%)10122 (18%)36016 (16%)
    40-49 Yrs294 (17%)6492 (11%)25472 (11%)
    50-59 Yrs167 (9%)5547 (10%)21852 (10%)
    60-69 Yrs159 (9%)3988 (7%)15356 (7%)
    70+ Yrs145 (8%)2247 (4%)8642 (4%)
    Median HH Income$70,791$64,831$56,318
    Total Household Income< 24K97 (17%)2182 (12%)13693 (18%)
    25-49K79 (14%)4387 (24%)18378 (25%)
    50-74K125 (22%)3552 (19%)14050 (19%)
    75-99K88 (15%)3041 (17%)9480 (13%)
    100-199K155 (27%)4234 (23%)14843 (20%)
    200K+15 (2%)402 (2%)2318 (3%)
    Highest Education LevelNo Diploma128638323693
    Diploma or GED2361040837985
    Some College277787532159
    Assoc. Degree247335411362
    Bachelors Degree124336316123
    Higher Degree7712505963
    Total Housing Units56218,88479,970
    --Owner-Occupied50410,29033,214
    --Renter-Occupied557,50839,549
    Owner-Occupied Values< 100K6211362672
    100-199K62566917028
    200-299K329324311193
    300-399K38931744
    400-499K551234
    500K+898342
    Total Working Age Population1,33441,094155,544
    In Work Force74529,123109,312
    Not In Work Force58911,97246,232
    Workforce Employed74227,785102,755
    Workforce Unemployed31,3196,302
    Civlian Workforce74529,105109,057
    Military Workforce018255
    Total Households55917,79872,762
    Family Households39313,25149,343
    Non-Family Households1664,54723,419
    Married Couple2137,55928,152
    Other Family1805,69221,191
    Married w/Child823,61513,553
    Single Male w/Child38692,872
    Single Female w/Child582,1829,438

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1629,145,505+1332,912,882
    Harris County3,400,578+204,092,459+164,731,145+105,226,744
    Montgomery County293,768+55455,746+36620,443+27785,953

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1600 East Richey Road in Houston?
    The asking price for 1600 East Richey Road is $3,490,000
    What is the building size of this Specialty property in Houston, TX?
    The size of the building/unit at 1600 East Richey Road in Houston is 12,000 square feet
    How much land does the Houston, TX property at 1600 East Richey Road include?
    1600 East Richey Road in Houston includes 4.500 acres of land
    What kind of Specialty is the propery at 1600 East Richey Road?
    The property at 1600 East Richey Road Houston, TX 77073 is listed as a Theater/Concert Hall Specialty property
    What is the population within 1 mile of 1600 East Richey Road in Houston?
    The population within 1 mile of 1600 East Richey Road Houston, TX 77073 is 1,688 people.
    Who do I contact for questions about 1600 East Richey Road?
    You should contact the listing agent, Hunter Spielman, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    George Bush Intercontinental Houston Airport (IAH) 3
    William P Hobby Airport (HOU) 25
    Austin Bergstrom International Airport (AUS) 137
    Price
    $3,490,000
    Listing Agent
    Listing Co-Agent
    Hunter Spielman - CRE Agent at

    Beau Harris

    Black Label
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