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    722 Settegast Ranch Rd Richmond, TX 77406

    For Sale
    $3,000,000

    10 Acres, 3 Buildings, Endless Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 10-acre property in Richmond, Texas, presents a remarkable commercial development opportunity. Located in Fort Bend County, at 722 Settegast Ranch Rd, zip code 77406, this unrestricted land boasts three existing buildings, offering significant flexibility for various uses. The property's zoning allows for diverse development options, including schools, churches, daycares, or even residential projects. The existing structures, combined with the expansive acreage, provide a solid foundation for a wide range of commercial ventures. A sparkling pool is an added feature on the single-level layout, enhancing the property's appeal. The open floor plan and generous room sizes within the existing buildings offer significant customization potential, allowing developers to tailor the space to their specific needs. This prime location, coupled with the unrestricted nature of the land, makes this a truly unique investment opportunity for developers and investors seeking a high-growth potential project. The asking price for this Class B property is $3,000,000. This owner-user investment is ready for your vision.

    Property Features for 722 Settegast Ranch Rd

    General Information

    Property type
    Schools
    Class
    B
    Lot Size
    435,600 SF

    Building Details

    Buildings
    3

    HighLights

    • $3,000,000 asking price for 10 acres of unrestricted commercial land.
    • Three existing buildings on site.
    • Suitable for various uses including schools, churches, and daycares, or residential development.
    • Single‑level layout with a pool, offering significant customization potential.
    • Unrestricted zoning allows for diverse development options, ideal for investors and developers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

    Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Gym & Fitness Hotel & Motel Department 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
    -95.8253367
    Latitude
    29.6613536

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    FAQs

    What type of property is this?
    School - 10 Acres, 3 Buildings, Endless Potential
    Where is this school located?
    The property is located at 722 Settegast Ranch Rd Richmond, TX.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: $3,000,000 asking price for 10 acres of unrestricted commercial land.; Three existing buildings on site.; Suitable for various uses including schools, churches, and daycares, or residential development.
    Request Owner's contact information
    722 Settegast Ranch Rd Richmond, TX 77406
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    Richmond, TX 77406
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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
    722 Settegast Ranch Rd Richmond, TX 77406
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