47.95 acres suitable for various commercial developments in Richmond, TX.
Type:V-COM, V-MULTI, V-RET
Lot size:
47.95 Acres
Added:
Dec 12, 2023
Days on Market:
942
Last Refresh:
Jun 29 at 10:19 pm
Property Features for 6600 FM 762 Road
General Information
Standard status
Active
Lot size
47.95 Acres
Property subtype
V-COM, V-MULTI, V-RET
Listing officeKW Commercial Texas(713) 461-9393
Listing dateDec 12, 2023
Source
Realnex
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of
KW Commercial Texas
Investment Insights
Based on property information with market context.
This commercial land development opportunity is located directly on the SH-99 Grand Parkway Expansion Project, SH-59/69 at Crabb River Rd in Richmond, TX. The land consists of two parcels totaling 47.9509 acres, bisected by the SH-99 Grand Parkway Project (13.91 acres). Approximately 7.25 acres will remain in the northeast section along Crabb River Road, with approximately 26.3 acres in the rear southwest section. The middle section, approximately 13.91 acres, is earmarked for the SH-99 Grand Parkway Expansion Project. The property is suitable for a wide variety of potential uses including a medical center, medical/retail, medical offices, medical condo units, health care buildings, office condo units, co-working offices, luxury offices, retail buildings, hotel developments, flex buildings, sports facility, retail strip centers, professional business park, senior care-assisted living (ALF) developments, industrial buildings, warehouses, specialty buildings, apartment buildings, multi-family units, mixed uses, gas stations/C-stores, single-family developments, condominium developments, townhome developments, luxury developments, commercial plaza, commercial marketplace, and commercial portfolio. Currently used for agricultural purposes, the property has been rough-grade cleared and has well water. It features approximately 1,830' of frontage along FM 762/Crabb River Road and is outside of the Flood Zone (Zone X). A flyover roadway is proposed for the SH-99 Grand Parkway Expansion Project to clear the railroad tracks, allowing for parking, a retention basin, and access to both sides of the properties beneath the overpass. Southwest communities such as Richmond, TX, are prime development opportunities and poised for growth, not far from downtown Houston and the Medical Center. The property is close to the Memorial Hermann Sugar Land Hospital, Costco, The Home Depot, and Walmart Supercenter. There are multitude of new construction commercial and residential development projects planned and ongoing throughout the area.
Key Highlights
Directly on the SH‑99 Grand Parkway Expansion Project, offering high visibility and accessibility.
47.9509 total acres suitable for a wide variety of commercial and residential developments.
Located in Richmond, TX, a growing community near Houston and the Medical Center.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Suggested Use
Auto Repair ShopGym & Fitness CenterLaw FirmDepartment Store
Zoning and permitted uses should be independently verified with local authorities.
Similar For Sale
Nearby
$3,950,000
16,569 SF
Unrestricted Commercial/Residential Acreage with Improvements
Versatile property with shop, barn, and limestone home.
Commercial land - 47.95 acres suitable for various commercial developments in Richmond, TX.
Where is this commercial land located?
The property is located at 6600 FM 762 Road Richmond, TX.
What is the asking price?
The asking price for this property is $15,000,000.
What are key features of this property?
This property features: Directly on the SH‑99 Grand Parkway Expansion Project, offering high visibility and accessibility.; 47.9509 total acres suitable for a wide variety of commercial and residential developments.; Located in Richmond, TX, a growing community near Houston and the Medical Center.
