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Property profile & analytics
OFF-MARKET
Land

5150 Mdw Rnch Pkwy Richmond, TX 77407

1.3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.3-acre commercial/industrial land parcel, situated at 5150 Meadow Ranch Pkwy in Richmond, Texas (zip code 77407), presents a unique investment opportunity. Located in Fort Bend County, this "shovel-ready" lot boasts immediate access to the Grand Parkway, providing unparalleled connectivity. Utilities are readily available, eliminating significant development hurdles. The property benefits from pre-planned offsite detention, streamlining the construction process. This prime location is experiencing rapid growth, surrounded by several active developments and numerous master-planned communities. The area is characterized by a high-income, well-educated demographic, promising strong potential for future development and return on investment. The property's latitude and longitude coordinates are 29.6653107 and -95.7419645 respectively. This is an ideal site for businesses seeking a strategic location within a thriving and expanding community. The property's commercial and industrial zoning allows for a wide range of development possibilities. Don't miss this chance to secure a piece of this rapidly developing area.

Property profile
Verified
Property type Land
Lot 1.3 ac (56,628 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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