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    5151 Mdw Rnch Pkwy Richmond, TX 77407

    For Sale
    Contact for pricing

    New Office Condos in Richmond, TX

    Property size:
    1,199 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    Grand Meadows presents a unique investment opportunity in the thriving Richmond, Texas market. This brand-new proposed office condo community offers 56 units spread across 12 single-story buildings situated on a 5-acre lot. The development provides a range of office spaces, with individual condo sizes varying from 1,199 to 67,466 square feet, catering to diverse business needs. The property is conveniently located at 5151 Meadow Ranch Pkwy, Richmond, TX 77407, in Fort Bend County. Ample parking is available, with a generous ratio of 196 spaces per 1,000 square feet. This owner/user investment opportunity is ideal for businesses seeking a modern, flexible, and well-located office space. The traditional office condo design offers a classic and functional layout, perfect for a variety of professional settings. The development's prime location in Richmond, Texas, provides easy access to major transportation routes and a growing business community. This is a chance to own a piece of a vibrant and expanding commercial landscape. The single-story building design offers convenient access and a practical layout. Invest in a new, high-quality office space in a rapidly developing area. Contact us today to learn more about this exciting opportunity.

    Property Features for 5151 Mdw Rnch Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,199 SF
    Lot Size
    217,800 SF

    Building Details

    Buildings
    12
    Stories
    1
    Units
    56

    HighLights

    • Brand new proposed office condo community.
    • Traditional office condos in Richmond, TX.
    • 56 units across 12 buildings.
    • Individual unit sizes range from 1,199 to 67,466 square feet.
    • Located at 5151 Meadow Ranch Pkwy, Richmond, TX 77407.
    • Five‑acre site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Richmond
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.7419949
    Latitude
    29.666438

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    FAQs

    What type of property is this?
    Office Property / Space - New Office Condos in Richmond, TX
    Where is this office property / space located?
    The property is located at 5151 Mdw Rnch Pkwy Richmond, TX.
    What are key features of this property?
    This property features: Brand new proposed office condo community.; Traditional office condos in Richmond, TX.; 56 units across 12 buildings.
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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

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    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
    5151 Mdw Rnch Pkwy Richmond, TX 77407
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