Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Nec Ft Bnd Pkwy Toll Rd & Lk Olympia Pkwy Missouri City, TX 77545

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    2.78 Acres, Divisible, Excellent Location

    Property Features for 0 Nec Ft Bnd Pkwy Toll Rd & Lk Olympia Pkwy

    General Information

    Property type
    Individual retail properties
    Lot Size
    121,097 SF

    We can help!

    Listing Contact
    Kim Lenardson
    Kim Lenardson

    Listing Agency: Colliers - Houston, Texas Listing Agent: Kim Lenardson

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

    Learn more

    Overview

    This exceptional 2.78-acre commercial land parcel, located at the northeast corner of Fort Bend Parkway Toll Road and Lake Olympia Parkway in Missouri City, Texas (zip code 77545), presents a unique investment opportunity. The property is divisible, offering the potential for two 1.39-acre pad sites. Situated in Fort Bend County, this site benefits from convenient access via Lake Olympia Parkway and Grand Olympia Drive. Utilities are readily available on-site, and detention is not required, simplifying development. The location offers high visibility and proximity to significant retail and entertainment destinations, including the Fort Bend Town Center, a multi-phase retail and entertainment complex. Furthermore, the property is directly across from an Amazon distribution center, ensuring high traffic volume and strong consumer presence. This makes it an ideal location for retail development, offering significant potential for growth and return on investment. The property's size and strategic location make it a highly attractive opportunity for businesses seeking a prominent presence in a thriving Texas market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Missouri City
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.504273613118
    Latitude
    29.553019297022

    Nearby Similar for Sale

    • $11,257,000
      20,000 SF

      Profitable Restaurant & Retail Investment

      Newly constructed retail center with established Tex-Mex restaurant.
      2720-2730 Fm 1092 Rd, Missouri City, TX 77459
      View Details
    • $5,292,600
      52,300 SF

      Missouri City Office Building For Sale

      52,300 SF office building in Missouri City, Texas.
      2303 Fm 1092 Rd, Missouri City, TX 77459
      View Details
    • $485,000

      Retail Shopping Center on Highway

      Retail property built in 2020 on high-traffic Highway 6.
      4899 103E, Missouri City, TX 77459
      View Details
    • $423,869

      Tranquil Lake Drive Property

      Specialty property available for sale in Missouri City, Texas.
      10311 Tranquil Lk Dr, Missouri City, TX 77459
      View Details
    • $485,476

      Missouri City Specialty Property

      Specialty property available for purchase in Missouri City, Texas.
      10303 Tranquil Lk Dr, Missouri City, TX 77459
      View Details
    • Contact for pricing
      2,001 SF

      Retail Space For Sale

      Retail space available, located in Missouri City, Texas.
      4899 Highway 6, Missouri City, TX 77459
      View Details
    • Contact for pricing
      2,250 SF

      Office Condos in Missouri City

      Three combined office condos in Colonial Lakes Office Park.
      4501 Cartwright Rd, Missouri City, TX 77459
      View Details
    • Contact for pricing
      9,894 SF

      Highway 6 Retail Investment Opportunity

      Fully leased retail property built in 2016 on Highway 6.
      8731 Highway 6, Missouri City, TX 77459
      View Details
    • Contact for pricing
      9,998 SF

      Missouri City Office Space

      Office space available for sale in Missouri City, Texas.
      3717 Township Ln, Missouri City, TX
      View Details
    • Contact for pricing
      1,678 SF

      Upgraded Residential Unit For Sale

      Recently upgraded 1678 sqft residential unit available for purchase.
      2913 Nottingham Ln, Missouri City, TX 77459
      View Details
    • $5,292,600
      52,300 SF

      Missouri City Industrial Facility

      52,300 SF Special Purpose Building
      2303 Fm 1092 Rd, Missouri City, TX 77459
      View Details
    • Contact for pricing
      2,161 SF

      Spacious Townhome in Fairway Villas

      Large townhome with flexible layout, office, and private backyard.
      14950 Trinity Meadow Dr, Missouri City, TX 77489
      View Details

    FAQs

    What type of property is this?
    Individual retail property - 2.78 Acres, Divisible, Excellent Location
    Where is this individual retail property located?
    The property is located at Nec Ft Bnd Pkwy Toll Rd & Lk Olympia Pkwy Missouri City, TX.
    What are key features of this property?
    This property features: 2.78-acre commercial land parcel in Missouri City, TX, suitable for retail pad sites.; Divisible into two 1.39-acre pads.; Located at the NEC of Fort Bend Pkwy Toll Rd & Lake Olympia Pkwy, near Fort Bend Town Center.
    (713) 830-2186 Call to check price and availability
    Request Owner's contact information
    Nec Ft Bnd Pkwy Toll Rd & Lk Olympia Pkwy Missouri City, TX 77545
    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.
    Nec Ft Bnd Pkwy Toll Rd & Lk Olympia Pkwy
    Missouri City, TX 77545
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Nec Ft Bnd Pkwy Toll Rd & Lk Olympia Pkwy Missouri City, TX 77545
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kim Lenardson
    Kim Lenardson
    Real Estate License ID: 626439
    (713) 830-2186 (832) 971-4885 (713) 222-2111
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!