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    Vicksburg Blvd & Lk Olympia Pkwy Missouri City, TX 77489

    Sponsored
    For Sale
    $6,900,000

    8.6 Acres, Prime Location, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.6782-acre commercial land parcel is ideally situated at the hard corner of Vicksburg Boulevard and Lake Olympia Parkway in Missouri City, Texas (zip code 77489), within Fort Bend County. The property boasts significant frontage on both major thoroughfares, benefiting from a traffic signal at this key intersection and heavy traffic volume. Zoned for Planned Development (PD) with a Gas Station designation, this site presents a unique opportunity for various commercial ventures, including but not limited to banks, fast-food restaurants, offices, retail stores, and party halls. The land is priced at $20 per square foot. Onsite detention is not required, simplifying development. Its strategic location offers close proximity to an Amazon distribution center and is conveniently located ½ mile from the Fort Bend Toll Road. The area is characterized by a dense residential population, with over 66,000 homes within a 5-mile radius, situated in the heart of Fort Bend County, known as the fastest-growing county in the nation. This presents a compelling investment opportunity in a thriving, safe neighborhood. The asking price is $6,900,000, and the seller is highly motivated to receive offers.

    Property Features for 0 Vicksburg Blvd & Lk Olympia Pkwy

    General Information

    Property type
    Day care centers

    HighLights

    • 8.6782 acres of commercial land for sale at the SWC of Vicksburg Blvd & Lake Olympia Pkwy, Missouri City, TX.
    • $18 per square foot.
    • Prime commercial location zoned PD (Planned Development) for gas stations; other uses may be possible.
    • On‑site detention is not required.
    • High traffic corner lot at a major intersection with traffic signal, near Amazon distribution center and Fort Bend Toll Road.
    • Excellent visibility and frontage on both Vicksburg Blvd and Lake Olympia Pkwy, surrounded by residential communities totaling over 66,000 homes within a 5‑mile radius in rapidly growing Fort Bend County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Day care centers

    Map

    City
    Missouri City
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.514123523895
    Latitude
    29.556785463749

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    FAQs

    What type of property is this?
    Day care center - 8.6 Acres, Prime Location, High Traffic
    Where is this day care center located?
    The property is located at Vicksburg Blvd & Lk Olympia Pkwy Missouri City, TX.
    What is the asking price?
    The asking price for this property is $6,900,000.
    What are key features of this property?
    This property features: 8.6782 acres of commercial land for sale at the SWC of Vicksburg Blvd & Lake Olympia Pkwy, Missouri City, TX.; $18 per square foot.; Prime commercial location zoned PD (Planned Development) for gas stations; other uses may be possible.
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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
    Vicksburg Blvd & Lk Olympia Pkwy Missouri City, TX 77489
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