Property profile

6600 Richmond Ct Richmond, TX 77469

OFF-MARKET
Commercial land
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Property summary

AI-generated overview

Land Dev Opp located directly on the SH-99 Grand Parkway Expansion Project, SH-59/69 at Crabb River Rd in Richmond, TX. 2-parcels, 47.9509 acres total, being split by the SH-99 Grand Pkwy Project (13.91 acres). Front of the property, approx +/-7.25 acres will remain in the northeast section along Crabb River Road; the middle section will consist of +/-13.91 acres earmarked for the SH-99 Grand Parkway Expansion Project; the rear southwest section will consist of +/-26.3 acres. Currently used for Agriculture, the property has already been rough-grade cleared and has well water. Approximately 1,830' of frontage along FM 762/Crabb River Road and outside of the Flood Zone (Zone X). Not far from downtown Houston and the Medical Center, Southwest communities such as Richmond, TX, are prime development opportunities and poised for growth. Many new construction Comm & Res Development Projects planned & ongoing throughout the area make this property an outstanding real estate investment!

Property profile

Verified
Property type Commercial land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6600 Richmond Ct Richmond, TX 77469
Richmond metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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