0 Us-290 & Richards Rd Prairie View, TX 77446
This exceptional 20.31-acre commercial land parcel presents a remarkable investment opportunity in Prairie View, Texas. Strategically located at the intersection of US-290 and Richards Road, this property boasts unparalleled visibility and accessibility. Its prime location offers significant advantages for a wide range of commercial developments. The land is unrestricted, providing flexibility for various uses. Proximity to Prairie View A&M University (less than one mile) creates a unique opportunity to cater to the university's student and faculty population, as well as the broader community. The property's frontage on US-290 ensures high traffic exposure, maximizing visibility for any business. Furthermore, its location is approximately 5.1 miles east of the Highway 6 intersection, providing convenient access to major transportation routes. The asking price is $3,655,800, translating to a land value of $4.13 per square foot. Potential access to City of Prairie View utilities is available, and importantly, the site is not located within a floodplain. This combination of factors makes this property an ideal choice for developers seeking a high-impact location with significant growth potential. Don't miss this chance to acquire a truly exceptional commercial land parcel in a thriving Texas community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
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.