You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

4118 Minonite Rd Richmond, TX 77469

10 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 10 ac (435,600 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4118 Minonite Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message