5621 Boothline Rd Richmond, TX 77469
- Commercial real estate
- 8.47 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5621 Boothline Rd
- Lot size
- 8.47 lot acres
- Property type
- Commercial real estate
Description
This exceptional 8.469-acre land parcel presents a compelling investment opportunity in Richmond, Texas. Strategically located on Boothline Road, the property boasts approximately 730 feet of frontage, poised to benefit from the road's upcoming expansion. Its proximity to the master-planned community of Austin Point (projected home sales commencing Spring 2025) and less than 200 feet from its entrance, significantly enhances its value. Furthermore, its location near the future Grand Parkway expansion and other substantial developments, including a 1,500-acre tract recently acquired by Johnson Development at FM 2977 and Koeblen Road, underscores its potential for substantial commercial growth. The expansive lot size offers considerable flexibility for diverse development projects. An adjacent 3-acre parcel, situated between this property and the Austin Point subdivision, is also available for purchase, providing an opportunity to acquire a contiguous larger tract. This high-growth area presents an exceptional chance to capitalize on significant future appreciation. The property's strategic location and substantial size make it an ideal investment for discerning developers seeking a foothold in a rapidly expanding market. This is a rare opportunity to secure a prime piece of land in a thriving Texas community. The asking price is $2,328,975. The property is located in Fort Bend County, Texas, with a zip code of 77469.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.726360826823
- Latitude
- 29.454035578795
