6234 Mchard Rd Houston, TX 77053
This exceptional 93.78-acre commercial land parcel in Houston, Texas, presents a remarkable investment opportunity. Located in Fort Bend County, with a 77053 zip code, this property boasts convenient access to major thoroughfares including Beltway 8, the Fort Bend Toll Road, McHard/FM 2234, South Post Oak Road, FM 521, and Highway 288. Its proximity to Pearland Town Center (approximately 7 miles) and Downtown Houston & the Texas Medical Center (approximately 12 miles) further enhances its desirability. Currently enjoying an agricultural exemption, the land is priced at $2.94 per square foot, totaling $12,000,000. The property is divisible, offering flexibility for various development projects. Significant infrastructure improvements are planned for FM 2234, including widening to a four-lane divided roadway, the addition of a raised median and improved drainage systems, and an expansion of the right-of-way. This strategic location and planned infrastructure upgrades make this a highly attractive site for commercial development and investment. The property's size and accessibility make it ideal for a wide range of uses, promising substantial returns for the discerning investor.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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