Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    7707 Grand Pkwy Richmond, TX 77407

    For Sale
    $1,805,126

    1.48 AC Richmond, TX commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.48-acre commercial land parcel presents a prime investment opportunity in the rapidly growing Richmond, Texas market. Strategically located on West Grand Parkway South, this site boasts exceptional visibility and convenient access, just 15 minutes from the Westpark Tollway. The lot is fully prepared for immediate development, with off-site detention and readily available utilities. Strong demographics support this location, featuring a five-mile radius with an average household income of $145,901 and a population exceeding 224,840. The area is experiencing significant population growth, further enhancing the investment potential. This site benefits from high traffic counts of nearly 50,000 vehicles per day and is surrounded by established businesses including Gallery Furniture, Regal Cinema, PNC Bank, Spring Creek Barbeque, Camden, and Members Choice. Its proximity to major master-planned communities like Long Meadow Farms (2,800 homes) and Fieldstone & Waterview Estates (2,800 homes) ensures a robust customer base. The asking price is $1,805,126.40, translating to $28 per square foot of land value. This property is ideal for end-users seeking a high-visibility location in a thriving community. The site's readiness for immediate construction makes it an attractive option for developers seeking a quick turnaround on their projects.

    Property Features for 7707 Grand Pkwy

    General Information

    Property type
    Land

    HighLights

    • 1.48‑acre commercial land parcel in high‑growth Richmond, TX.
    • Exceptional visibility and access on West Grand Parkway South, 15 minutes from Westpark Tollway.
    • Development‑ready with off‑site detention and utilities; $28/SF land value.
    • Strong demographics: 224,840+ population within 5 miles, $145,901 average household income.
    • High traffic counts (nearly 50,000 vehicles/day) and surrounded by established businesses.
    • Asking price: $1,805,126.40.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.745066878539
    Latitude
    29.66575691187

    Nearby Similar for Sale

    • $595,000
      2,940 SF

      Adaptable Building in Historic District

      Versatile commercial property in Richmond's vibrant Downtown Historic District.
      105 S 2Nd St, Richmond, TX 77469
      View Details
    • $2,400,000
      2,510 SF

      Pecan Tree Horse Farm

      Horse farm on 12+ acres with updated home and barn.
      2810 Precinct Line Rd, Richmond, TX 77406
      View Details
    • $5,096,000
      7,581 SF

      New Auto Shop NNN Lease

      New auto shop with a 20-year absolute NNN lease.
      7727 W Grand Pkwy S, Richmond, TX 77407
      View Details
    • $1,925,000

      5.35 Acre Horse Property

      Richmond, TX property with home, barn, and commercial potential.
      4304 Skinner Ln, Richmond, TX 77406
      View Details
    • $9,465,400

      Highway Accessible Fort Bend Land

      Unrestricted land with highway access near Rosenberg and Houston.
      Miller Rd St, Richmond, TX 77407
      View Details
    • $375,000
      1,760 SF

      Lake Creek Residential Property

      Charming 3-bedroom home on a 4-acre lot in Lake Creek.
      6917 Kari Ln, Richmond, TX 77469
      View Details

    FAQs

    What type of property is this?
    Land - 1.48 AC Richmond, TX commercial lot.
    Where is this land located?
    The property is located at 7707 Grand Pkwy Richmond, TX.
    What is the asking price?
    The asking price for this property is $1,805,126.
    What are key features of this property?
    This property features: 1.48-acre commercial land parcel in high-growth Richmond, TX.; Exceptional visibility and access on West Grand Parkway South, 15 minutes from Westpark Tollway.; Development-ready with off-site detention and utilities; $28/SF land value.
    Request Owner's contact information
    7707 Grand Pkwy Richmond, TX 77407
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7707 Grand Pkwy
    Richmond, TX 77407
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    7707 Grand Pkwy Richmond, TX 77407
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.