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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

9111 Farm To Market Rd Richmond, TX 77406

10,289 SF 1.24 ac lot Built 2017
Property ID
Property summary
AI-generated overview

This exceptional Class A retail property, "The Shops at Richmond Lakes," offers 3,559 square feet of immediately available space within a 10,289 square foot building situated on 1.24 acres of land in desirable Fort Bend County, Texas. Built in 2017, this single-story building boasts a prime location at 9111 Farm to Market Rd 723, Richmond, TX 77406. The property is ideally positioned near the southwest corner of FM 1093 and FM 723, benefiting from high visibility and convenient access. This strategic location places the property adjacent to a proposed HEB grocery store, as well as existing Kroger and Academy Sports + Outdoors stores at the intersection, ensuring significant foot traffic and consumer draw. Furthermore, the property is surrounded by several thriving, nationally acclaimed master-planned communities, including Cinco Ranch, Westheimer Lakes, Cross Creek Ranch, and Seven Meadows, providing a substantial and affluent customer base. The property is categorized as retail and restaurant space, making it suitable for a variety of uses, including restaurants and bars. This presents a unique opportunity for businesses seeking a high-traffic location within a rapidly growing area. The property's multiple tenancy structure allows for flexibility and potential for expansion. This is a rare opportunity to establish a presence in a thriving retail corridor.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2017
Total area 10,289 SF
Lot 1.24 ac (54,014 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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