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    7955 Fm 359 Rd Richmond, TX 77406

    For Lease
    Contact for pricing

    2.84 Acres, Prime Fulshear Location, High Visibility

    Lot size:
    123,710 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.84-acre commercial land parcel presents a unique ground lease opportunity in the thriving city of Fulshear, Texas. Located at 7955 FM 359, this property boasts an impressive 309 feet of frontage along FM 359, ensuring high visibility and accessibility for any commercial venture. The land is zoned for Downtown District use, offering a wide range of development possibilities. City utilities are readily available, simplifying the development process. Situated in Fort Bend County, with a 77406 zip code, this location benefits from the strong economic growth and expanding population of the Fulshear area. The single-tenant nature of the ground lease provides a straightforward ownership structure. This property is ideal for developers seeking a strategic location with significant visibility and access to essential infrastructure. The 2.84 acres provide ample space for a variety of commercial uses, making it an attractive investment opportunity in a rapidly developing Texas market. The property's location offers easy access to major transportation routes, further enhancing its appeal to businesses and investors. This is a rare chance to acquire a prime commercial land parcel in a high-growth area. Don't miss this opportunity to secure a prominent location in Fulshear's vibrant commercial landscape.

    Property Features for 7955 Fm 359 Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    123,710 SF

    Unit(s) available at that property

    Space
    Size
    123,710 SF

    HighLights

    • 2.84‑acre commercial land parcel available via ground lease in Fulshear, TX.
    • High‑visibility location with 309 feet of frontage on FM 359.
    • Downtown District zoning allows for diverse development options.
    • City utilities readily available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Spa & Massage Wholesale Shop Gym & Fitness Storage Facility Garden Center Car Rental Bakery Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.8303076
    Latitude
    29.6464086

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    FAQs

    What type of property is this?
    Land - 2.84 Acres, Prime Fulshear Location, High Visibility
    Where is this land located?
    The property is located at 7955 Fm 359 Rd Richmond, TX.
    What are key features of this property?
    This property features: 2.84-acre commercial land parcel available via ground lease in Fulshear, TX.; High-visibility location with 309 feet of frontage on FM 359.; Downtown District zoning allows for diverse development options.
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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
    7955 Fm 359 Rd Richmond, TX 77406
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