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Property profile & analytics
OFF-MARKET
Land

21051 Farm To Market 1093 Richmond, TX 77407

4.27 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.27-acre commercial land parcel presents a remarkable investment opportunity in Richmond, Texas. Situated at the highly visible southwest corner of Westpark Tollway and Grand Mission Boulevard, this hard corner lot boasts 236 feet of frontage and a lighted intersection, ensuring maximum exposure. The property benefits from its strategic location at the entrance to the thriving Grand Mission master-planned community, a 1,270-acre development encompassing approximately 3,016 residential lots. This prime location captures both morning and evening commuter traffic, offering unparalleled accessibility. Multiple curb cuts and direct frontage on Westpark Tollway further enhance its appeal. The site includes offsite detention, simplifying development. Strong demographics support this investment, with a 3-mile radius population exceeding 88,000 and projected growth to over 100,000 by 2025. The average household income within this radius is a substantial $118,902. This property's combination of size, location, and accessibility makes it ideal for a variety of commercial developments. The address is 21051 Farm to Market 1093, Richmond, TX 77407.

Property profile
Verified
Property type Land
Lot 4.27 ac (186,001 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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