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Property profile & analytics
OFF-MARKET
Land

FM-723 Richmond Ct Richmond, TX 77406

1 SF 0.89 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.889-acre commercial land parcel presents a unique investment opportunity in the thriving city of Richmond, Texas. Located at the southwest quadrant of FM-1093 and FM-723, this property boasts a highly visible location with excellent access to major roadways, ensuring significant exposure for any commercial venture. The single-tenant potential allows for flexibility in development, catering to a wide range of businesses seeking a prominent presence in this rapidly growing area. Situated in Fort Bend County, this land offers a strategic advantage for businesses looking to capitalize on the region's robust economy and expanding population. The property's size is ideal for a variety of commercial uses, from retail establishments to light industrial operations. With its convenient location and ample space, this land parcel represents a compelling opportunity for investors and developers seeking a prime location in a dynamic market. The property is zoned for commercial use (zoning information should be independently verified). Utilities are available (specific utility availability should be independently verified). This is a rare opportunity to acquire a strategically located commercial land parcel in a high-growth area of Texas. Don't miss out on this chance to secure a prime piece of real estate in Richmond. The address is SWQ of FM-1093 & FM-723, Richmond, TX 77406.

Property profile
Verified
Property type Land
Total area 1 SF
Lot 0.89 ac (38,725 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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