20930 Bellfort St Richmond, TX 77406
This exceptional 1.56-acre commercial development site in Richmond, Texas, presents a unique investment opportunity. Located at 20930 W Bellfort St, 77406, in Fort Bend County, this property benefits from a prime location with no zoning restrictions, simplifying the development process. Pre-approved plans and permits for a shopping center are included, significantly reducing time and costs associated with project approvals. The site boasts excellent visibility and accessibility, situated near high-traffic areas with 16,622 vehicles per day (VPD) on Grand Parkway and 7,960 VPD on West Bellfort Street. Off-site detention is already in place, eliminating a significant hurdle in the development process. The surrounding area demonstrates strong demographics, with a population of 68,869 within a 3-mile radius and an average household income of $136,969, indicating substantial consumer spending power. This combination of strategic location, pre-approved plans, and favorable demographics makes this property an ideal choice for developers seeking a high-return investment. The property's latitude and longitude coordinates are 29.663987, -95.746916 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.