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Property profile & analytics
OFF-MARKET
Land

9210 Farm To Market Rd Richmond, TX 77406

5.81 ac lot
Property ID
Property summary
AI-generated overview

This ±5.807-acre commercial and industrial land parcel presents a unique investment opportunity in the thriving Richmond, Texas market. Strategically located on FM 723, it boasts exceptional visibility on the Westpark Tollway, ensuring high traffic exposure for any development. The property offers convenient access to FM 723, situated directly across from a newly constructed HEB grocery store, guaranteeing significant foot traffic and consumer accessibility. Access to the Westpark Tollway feeder road is a possibility, pending approvals from the Texas Department of Transportation (TXDOT) and Centerpoint Energy. The site is serviced by a private commercial water well and septic system, with potential for connection to public utilities through a neighboring Municipal Utility District (MUD). This prime location is surrounded by established residential communities including Cinco Ranch, Bella Terra, and Westheimer Lakes, providing a strong existing customer base. The property's zoning allows for a variety of potential uses, including retail, gas station, multi-family residential, and other commercial developments. Importantly, this land is situated outside of both the 100-year and 500-year floodplain zones, minimizing environmental risk. This exceptional location and versatile zoning make this property an ideal investment for developers seeking high-impact commercial development in a rapidly growing area of Fort Bend County, Texas, with zip code 77406.

Property profile
Verified
Property type Land
Lot 5.81 ac (252,953 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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