Current Use by Public Records
- Land
Property Details for 4118 Minonite Rd
- Lot size
- 10.00 lot acres
- Property type
- Land
Description
This ±10-acre commercial land tract presents a remarkable opportunity for multifamily development in Richmond, Texas. Strategically located on FM 2977, this property boasts approximately 70 feet of frontage and enjoys exceptional visibility. Its proximity to Highway 59 (with approximately 104,395 vehicles per day) and Brazos Town Center ensures high traffic volume and convenient access. The site is situated near established residential communities like Sunrise Meadow and Dove Meadow, and across the road from James Steenbergen Middle School, creating a strong and desirable residential catchment area. Within a 5-mile radius, the area boasts a population of 88,363 residents and 29,410 households, with an average household income of $125,654 within a 3-mile radius, indicating a robust local market. Further enhancing its appeal, this tract is adjacent to a new single-family residential development, creating a synergistic environment. The property has already received approval for over 300 utilities from the local Municipal Utility District (MUD) and is conveniently located outside of the 100- and 500-year floodplains. Complete site plans and a recent survey are available for review. The property is served by the Lamar Consolidated Independent School District. This exceptional location, coupled with its pre-approved utilities and favorable zoning, makes this ±10-acre tract an ideal investment for discerning developers seeking a prime multifamily development opportunity.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.7573
- Latitude
- 29.4962
