59 & Williams Way Blvd Richmond, TX 77469
This exceptional 18.203-acre commercial land parcel presents a remarkable investment opportunity. Strategically located at the intersection of Highway 59 and Williams Way Boulevard in Richmond, Texas (Fort Bend County, zip code 77469), this property boasts significant advantages for developers. Situated in the extraterritorial jurisdiction of Richmond, a rapidly growing suburb of Houston, this site benefits from strong population growth and favorable demographics. Existing utilities are in place, including dedicated water and sanitary capacity through Williams Ranch MUD #1, sufficient for up to 380 multifamily units. Convenient access is ensured via existing TxDOT curb cuts providing direct access from the Highway 59 service road. The seller has completed extensive due diligence, including obtaining full plat approvals from the City of Richmond, providing prospective buyers with comprehensive materials and the potential for a streamlined development process. The property is offered without an asking price; the seller is market-oriented and will consider offers based on the buyer's demonstrated ability to close promptly. All offers must include a purchase price and approval process, proposed inspection and closing timelines, and the earnest money amount, including the non-refundable portion. The seller reserves the right to reject any and all proposals. APN: 0055-00-000-0624-901.
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.