6101-6111 Richmond Ave

6101-6111 Richmond Ave Houston, TX 77057

Houston
FOR SALE
Property Type:
Commercial Land Development
Amount:
Please Call Broker for Price

Last Verified:
Nov 09, 2023


Description

Development Opportunity | Galleria Area
Use Considerations: Retail | Office | Townhomes | Restaurant | Self Storage
Multifamily | Assisted Living | Hospitality | Medical

Located along Richmond just West of Fountain View in The Galleria Area

Lot Size: 5.1 acres

Map of 6101-6111 Richmond Ave, Houston, TX, 77057

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.