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    Fm 2977 Rd Richmond, TX 77469

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    For Sale
    $6,400,000

    79-acre tract in rapidly growing Richmond, Texas, primed for development.

    Lot size:
    79.00 Acres

    Property Features for Fm 2977 Rd

    General Information

    Lot size
    79.00 Acres

    Source: Alison Commercial Group @ KW Commercial Signature Agent Imtiaz Ali

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

    Overview

    79 Acres in Richmond, Texas

    This approximately 79-acre tract of land is located at the corner of Pleak Road and FM 2977 in Richmond, Texas. The property benefits from hard top road frontage on two sides. Currently utilized for farming, the land is primed for development. Extensive residential development in the nearby areas indicates a strong potential for future growth. The future expansion of FM 2977 further enhances the property's appeal. Richmond is a rapidly growing area within Fort Bend County, making this property highly desirable.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Richmond
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.744954
    Latitude
    29.538733

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    FAQs

    What type of property is this?
    Land - 79-acre tract in rapidly growing Richmond, Texas, primed for development.
    Where is this land located?
    The property is located at Fm 2977 Rd Richmond, TX.
    What is the asking price?
    The asking price for this property is $6,400,000.
    What are key features of this property?
    This property features: - 79-acre tract primed for development in rapidly growing Richmond, Texas.; - Hard top road frontage on two sides.; - Extensive nearby residential development.
    (512) 955-4292
    Request Owner's contact information
    Fm 2977 Rd Richmond, TX 77469
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    Richmond, TX 77469
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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
    Fm 2977 Rd Richmond, TX 77469
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