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    Madden Rd Richmond, TX 77407

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    For Sale
    Contact for pricing

    Versatile land near Grand Parkway suitable for various developments.

    Lot size:
    19.95 Acres

    Property Features for Madden Rd

    General Information

    Lot size
    19.95 Acres

    Source: Colliers - Sugar Land Agent Barkley Peschel, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Richmond Land with Development Potential

    This property offers easy access to Grand Parkway (Hwy 99) and presents a versatile site with potential for residential, commercial, light industrial, senior living, and other compatible uses. Located outside the 500-year floodplain in Houston's ETJ, Fort Bend County, the site benefits from a Memorandum of Understanding (MOU) in process with the adjoining MUD. The MOU would include provisions for water, sanitary sewer, offsite detention, MUD reimbursements, and a restriction against apartments and other uses. Annexation into the MUD will occur at closing, concurrently with MUD approval of the final use, site plan, and utility capacity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Richmond
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.691305
    Latitude
    29.674231

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    FAQs

    What type of property is this?
    Land - Versatile land near Grand Parkway suitable for various developments.
    Where is this land located?
    The property is located at Madden Rd Richmond, TX.
    What are key features of this property?
    This property features: - Easy access to Grand Parkway (Hwy 99); - Versatile site with potential for residential, commercial, light industrial, senior living, and other compatible uses; - Outside the 500-year floodplain
    (281) 242-2300
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    Madden Rd Richmond, TX 77407
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    Richmond, TX 77407
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Madden Rd Richmond, TX 77407
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