AND FM 2977 Pleak Rd Richmond, TX 77469
This exceptional 79-acre commercial land parcel presents a compelling investment opportunity in the thriving Richmond, Texas market. Strategically located at the corner of Pleak Road and FM 2977 in Fort Bend County, this property boasts significant road frontage on two sides, a key advantage for accessibility and visibility. Currently used for farming, the land's true potential lies in its remarkable development prospects. The surrounding area showcases extensive residential growth, indicating a strong and expanding market. The anticipated future expansion of FM 2977 further enhances the property's long-term value and accessibility. This large tract offers unparalleled flexibility for a variety of commercial ventures, capitalizing on Richmond's rapid growth and prime location within Fort Bend County. The property's APN is 0094-00-000-0020-901. This is a rare opportunity to acquire a substantial land holding in a high-demand area poised for continued expansion.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.