• Irreplaceable Location: The property is located in the Greenway/Upper Kirby submarket, consisting of prestigious office buildings, luxury apartments, and high-end retail.
• Inner Loop Area: This location has easy access to both Southwest Freeway (328,349 vehicles per day) and Interstate 610 (322,344 vehicles per day).
• Affluent Demographics: Within a 1-mile radius, the average household income is $168,168, and the median housing value within a 1-mile radius totals $666,650.
• Priced to Sell: At $119.52 per square foot (lot size), this property is priced well below the local average per square foot.
• High Traffic: The property enjoys exposure to 27,845 vehicles per day on Richmond Avenue with approximately ±252 feet of Richmond Avenue frontage and approximately ±200 Feet of Las Palmas Street frontage.
• Proximity to Major Developments: The property is near Costco, Regal Edwards Theater, Central Market, the Galleria, Houston Highland Village, and Greenway Commons.
• Densely Populated Area: The population within a 5-mile radius totals 518,426. Daytime population within a 3-mile radius totals 405,343.