0 Riverwood Dr Richmond, TX 77469
This exceptional 1.55-acre lot, situated on Riverwood Drive in Richmond, Texas within Fort Bend County, presents a remarkable opportunity for development. Measuring approximately 125 feet wide by 554 feet deep, the property boasts 125 feet of direct frontage on Riverwood Drive, ensuring excellent visibility and accessibility for any future venture. The site is ideally suited for a variety of commercial uses, including but not limited to a small convenience store, hair salon, nail salon, barbershop, or food truck operation. The property's zoning allows for a wide range of possibilities, making it an attractive investment for entrepreneurs seeking a high-traffic location. While portions of the land are wooded and fall within a flood zone, other cleared areas are designated as flood zone X. There are no known restrictions on the property. The total buildable square footage is not specified, but the lot's dimensions offer considerable potential for development. This property offers a unique blend of location, size, and potential, making it an exceptional opportunity in the thriving Richmond, Texas market. Serious inquiries are encouraged.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.