5111 Power Line RdRichmond, TX 77469

For Sale
$1,600,000

Profitable Daycare, 7,394 SF, 1.77 Acres

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a thriving 7,394-square-foot daycare center situated on a spacious 1.77-acre lot in Richmond, Texas. Currently operational, the property boasts two well-maintained buildings, offering significant potential for continued success or repurposing. The main building, encompassing the entire 7,394 square feet, is currently utilized as a daycare and has recently undergone substantial upgrades. These improvements include a newly installed privacy fence, new chain-link fencing, updated toys, a renovated kitchen, and new toilets, among other enhancements. The property's strategic location benefits from high traffic counts, further amplified by recent highway expansion. The convenient roundabout driveway and rear access via Meadow Bend Park Estates provide excellent accessibility. Priced at $1,600,000 ($216.39 per square foot), this property presents a compelling investment opportunity. Its versatility extends beyond daycare use

Highlights

  • Thriving 7,394 SF daycare center on a 1.77-acre lot in Richmond, TX.
  • Two buildings, main building is 7,394 SF and currently operating as a daycare.
  • Recent upgrades include new fencing, renovated kitchen, and updated restrooms.
  • Excellent location with high traffic counts, enhanced by recent highway expansion and convenient access.
  • Priced at $1,600,000 ($216.39/SF), offering strong investment potential and repurposing opportunities.

Property Details for 5111 Power Line Rd

Property type
Other specialty properties, Day care centers & nurseries
Square Feet
7,394 SF
Lot Size (sq. ft)
77,101 SF

Location Insight

City
Richmond
County
Fort Bend
State
Texas
Latitude
29.5085737
Longitude
-95.7911624
5111 Power Line Rd, Richmond, Texas

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5111 Power Line Rd
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