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    5150 Mdw Rnch Pkwy Richmond, TX 77407

    For Sale
    Contact for pricing

    1.3-Acre Shovel-Ready Commercial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.3-acre commercial/industrial land parcel, situated at 5150 Meadow Ranch Pkwy in Richmond, Texas (zip code 77407), presents a unique investment opportunity. Located in Fort Bend County, this "shovel-ready" lot boasts immediate access to the Grand Parkway, providing unparalleled connectivity. Utilities are readily available, eliminating significant development hurdles. The property benefits from pre-planned offsite detention, streamlining the construction process. This prime location is experiencing rapid growth, surrounded by several active developments and numerous master-planned communities. The area is characterized by a high-income, well-educated demographic, promising strong potential for future development and return on investment. The property's latitude and longitude coordinates are 29.6653107 and -95.7419645 respectively. This is an ideal site for businesses seeking a strategic location within a thriving and expanding community. The property's commercial and industrial zoning allows for a wide range of development possibilities. Don't miss this chance to secure a piece of this rapidly developing area.

    Property Features for 5150 Mdw Rnch Pkwy

    General Information

    Property type
    Land
    Lot Size
    56,628 SF

    HighLights

    • Utilities available.
    • Pre‑planned offsite detention.
    • Direct Grand Parkway access.
    • Rapidly growing area with active developments.
    • High‑income, well‑educated demographics.
    • Numerous master‑planned communities nearby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Richmond
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.7419645
    Latitude
    29.6653107

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    FAQs

    What type of property is this?
    Land - 1.3-Acre Shovel-Ready Commercial Lot
    Where is this land located?
    The property is located at 5150 Mdw Rnch Pkwy Richmond, TX.
    What are key features of this property?
    This property features: Utilities available.; Pre-planned offsite detention.; Direct Grand Parkway access.
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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
    5150 Mdw Rnch Pkwy Richmond, TX 77407
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