Pultar Rd Richmond, TX 77469
- Land
- 17.82 lot acres
Current Use by Public Records
- Land
Property Details for 0 Pultar Rd
- Lot size
- 17.82 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 17.82-acre property in Richmond, Texas, presents a compelling investment opportunity. Located in Fort Bend County, just five minutes from the Richmond courthouse, this land boasts a highly desirable Commercial/Residential zoning designation. The property's strategic location within a designated Opportunity Zone provides significant tax advantages for investors. These benefits include potential tax deferrals on previously realized capital gains, tax reductions after five and seven years, and the possibility of complete tax exemption on new gains after a ten-year holding period. Further enhancing its appeal, the land benefits from an agricultural exemption, resulting in a notably low tax rate. The flexible zoning allows for a wide range of development options, including residential projects such as single-family homes, townhomes, or multifamily units, and commercial ventures like retail spaces, strip centers, or community centers. This versatile property offers substantial potential for diverse development and significant financial returns, making it an attractive investment for both experienced and emerging developers. The address is 0 Pultar Rd, Richmond, TX 77469. The asking price is $1,700,000.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.7801
- Latitude
- 29.5944
