FM-723 Richmond Ct Richmond, TX 77406
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.
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
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.