0 Vicksburg Blvd & Lk Olympia Pkwy Missouri City, TX 77489
This exceptional 8.6782-acre commercial land parcel is ideally situated at the hard corner of Vicksburg Boulevard and Lake Olympia Parkway in Missouri City, Texas (zip code 77489), within Fort Bend County. The property boasts significant frontage on both major thoroughfares, benefiting from a traffic signal at this key intersection and heavy traffic volume. Zoned for Planned Development (PD) with a Gas Station designation, this site presents a unique opportunity for various commercial ventures, including but not limited to banks, fast-food restaurants, offices, retail stores, and party halls. The land is priced at $20 per square foot. Onsite detention is not required, simplifying development. Its strategic location offers close proximity to an Amazon distribution center and is conveniently located ½ mile from the Fort Bend Toll Road. The area is characterized by a dense residential population, with over 66,000 homes within a 5-mile radius, situated in the heart of Fort Bend County, known as the fastest-growing county in the nation. This presents a compelling investment opportunity in a thriving, safe neighborhood. The asking price is $6,900,000, and the seller is highly motivated to receive offers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.