Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9929 Highway 6 Missouri City, TX 77459

    • Retail properties
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • MoneyGram / Bank / Credit Union
    • Walmart Tech Services / Tech Support Center / (Bike/Boat/Book/etc) Store
    • Walmart Home Services / Social Service Agency
    • Missouri City Garage Door Repair Services / Building Supply / General Contractor
    • Jossy George / Pharmacy

    Property Details for 9929 Highway 6

    Property type
    Retail properties
    Property subtype
    Land

    Description

    This exceptional commercial land offering presents two parcels totaling 9.66 acres, strategically located at the northwest corner of State Highway 6 and Vicksburg Boulevard in Fort Bend County. The property boasts a prime location adjacent to a Walmart Supercenter, experiencing approximately 1.5 million annual visits, and directly across from the future Shops at Vicksburg retail development. Lot 1, encompassing 7.64 acres, is available for sale, while Lot 2, measuring 2.02 acres, is offered for ground lease. The high-growth area benefits from significant traffic volume, with approximately 39,643 vehicles per day on State Highway 6. This location enjoys excellent visibility and accessibility, further enhanced by its proximity to Sienna Plantation and the Fort Bend Parkway Toll Road. The property's LC-3 zoning designation is ideal for retail development, and its proximity to an Amazon warehouse (employing approximately 1,800 people) adds to its considerable appeal. This presents a rare opportunity to capitalize on the robust retail environment and high-traffic counts in this thriving area. The combined acreage offers significant potential for a variety of retail uses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Missouri City
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.5166
    Latitude
    29.5366

    Comparable in this City

    • Value Estimation by Request
      2.34 Acres

      3852 Cartwright Rd

      Land • 2.34 Acres
      3852 Cartwright Rd, Missouri City, TX 77459
      View Details
    • Value Estimation by Request
      7.64 Acres

      9929 Highway 6

      Land • 7.64 Acres
      9929 Highway 6, Missouri City, TX 77459
      View Details
    • Value Estimation by Request
      30,074 SF

      Sienna Pkwy & Waters Lk Blvd

      Land • 30,074 SF
      0 Sienna Pkwy & Waters Lk Blvd, Sienna, TX 77459
      View Details
    • Value Estimation by Request

      Sec Hwy 6 & Vicksburg Blvd

      Restaurants
      0 Sec Hwy 6 & Vicksburg Blvd, Missouri City, TX 77459
      View Details
    • Value Estimation by Request
      48,000 SF

      2801-2899 Dulles Ave

      Neighborhood centers • 48,000 SF
      2801-2899 Dulles Ave, Missouri City, TX 77459
      View Details
    • Value Estimation by Request
      93,729 SF

      8900 Highway 6

      Restaurants • 93,729 SF
      8900 Highway 6, Missouri City, TX 77459
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.34 Acres

      Prime Missouri City Retail Land

      ±2.34 Acres, High Visibility
      3852 Cartwright Rd, Missouri City, TX 77459
      View Details
    • Contact for pricing
      7.64 Acres

      Missouri City Retail Land Opportunity

      7.64 Acres, Walmart Outparcels, High Traffic
      9929 Highway 6, Missouri City, TX 77459
      View Details
    • Contact for pricing
      18.89 Acres

      Highway 6 Commercial Land Tract

      ±18.89 Acres, Missouri City, TX
      0 Highway 6, Missouri City, TX 77459
      View Details
    • Contact for pricing
      2.30 Acres

      Missouri City Commercial Land

      2.3-acre commercial lot, prime location.
      0 Park Vista Dr, Missouri City, TX 77459
      View Details
    • Contact for pricing
      42.00 Acres

      42 Acres Missouri City Land

      Prime Commercial Land, ±42 Acres
      0 Vicksburg Blvd, Missouri City, TX 77459
      View Details
    • Contact for pricing
      3.85 Acres

      Prime Commercial Land, Sienna, TX

      ±3.848 Acres, Fort Bend County, Texas
      6 At Ft Bnd Pkwy, Sienna, TX 77459
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      30,074 SF

      Sienna Grande Shops: Retail Opportunity

      Prime Sienna retail space, multiple suites available.
      0 Sienna Pkwy & Waters Lk Blvd, Sienna, TX 77459
      View Details
    • Contact for pricing
      43,560 SF

      Missouri City Retail Pad Sites

      New retail space & pad sites, high traffic area.
      0 Sec Hwy 6 & Vicksburg Blvd, Missouri City, TX 77459
      View Details
    • $29 SF/Yr
      6,668 SF

      Riverstone Creative Office Space

      6,668 sq ft, Class A, High Exposure
      5320 Highway 6, Missouri City, TX 77459
      View Details
    • $28 SF/Yr
      12,480 SF

      Fairview Plaza Retail Space Available

      High-traffic retail space in Missouri City.
      6850 Highway 6, Missouri City, TX 77459
      View Details
    • Contact for pricing
      25,276 SF

      Sienna Town Center Retail Space

      Prime Missouri City retail opportunity.
      5304 Sienna Pkwy, Missouri City, TX 77459
      View Details
    • Contact for pricing
      2,500 SF

      Shops at Sienna Creek End-Cap

      Missouri City retail space, 2500 sq ft.
      9101 Sienna Xing Dr, Missouri City, TX 77459
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9929 Highway 6
    Missouri City, TX 77459
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.