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

    8915 Fm 2759 Rd Richmond, TX 77469

    • Commercial real estate
    • 24.40 lot acres
    For Sale
    View listing
    $3,250,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2230594
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 8915 Fm 2759 Rd

    Lot size
    24.40 lot acres
    Property type
    Commercial real estate
    APN
    0048-00-000-0050-901, 0048-00-000-0051-901, 0048-00-000-0056-901, 0048-00-000-0061-901

    Description

    This exceptional 24.4-acre tract of land is located at 8915 FM 2759 Rd, Richmond, TX 77469, in Fort Bend County. The property is zoned for residential use and presents a strong investment opportunity for future development. Situated in a high-growth area within the Sugar Land ETJ (Extra Territorial Jurisdiction), this land offers significant potential. Its strategic location is directly across FM 2759 from Ryehill, a substantial 958-acre master-planned community developed by Pulte Homes that recently commenced construction. The property's APN numbers are 0048-00-000-0050-901, 0048-00-000-0051-901, 0048-00-000-0056-901, and 0048-00-000-0061-901. The asking price for this significant land parcel is $3,250,000. This presents a rare chance to acquire a substantial land holding in a rapidly developing area with excellent potential for future residential development. Don't miss this opportunity to capitalize on the growth trajectory of this prime location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.663522
    Latitude
    29.535994

    Comparable in this City

    • $2,328,975
      8.47 Acres

      Boothline Road Development Land

      8.469 Acres, Prime Richmond Location
      5621 Boothline Rd, Richmond, TX 77469
      View Details
    • $562,500
      2.25 Acres

      Richmond Land w/Warehouse

      2.25 Acres, $562,500, Buildable
      12201 Fm 2759 Rd, Richmond, TX 77469
      View Details
    • $400,000
      2.00 Acres

      Richmond Residential Land - 2 Acres

      Prime 2-acre residential lot, excellent development potential.
      2 Fm 2759 Rd, Richmond, TX 77469
      View Details
    • $1,700,000
      17.82 Acres

      Richmond TX Land: 17.82 Acres

      Prime Commercial/Residential Land, Opportunity Zone
      0 Pultar Rd, Richmond, TX 77469
      View Details
    • $400,000
      10.00 Acres

      Texas Ranch Land: 10 Acres

      Unrestricted 10-acre Texas farm/ranch. Excellent investment opportunity.
      12201 Fm 2759 Rd, Richmond, TX 77469
      View Details
    • $3,250,000

      24.4 Acre Tract in Richmond

      Prime 24.4 acre tract with high-visibility frontage on FM 2759.
      8915 Fm 2759 Rd, Richmond, TX 77469
      View Details

    Similar Nearby for Sale

    • $825,000
      3.00 Acres

      Boothline Road Commercial Land

      3-acre prime development site in Richmond, TX
      5619 Boothline Rd, Richmond, TX 77469
      View Details
    • $2,328,975
      8.47 Acres

      Boothline Road Development Land

      8.469 Acres, Prime Richmond Location
      5621 Boothline Rd, Richmond, TX 77469
      View Details
    • $562,500
      2.25 Acres

      Richmond Land w/Warehouse

      2.25 Acres, $562,500, Buildable
      12201 Fm 2759 Rd, Richmond, TX 77469
      View Details
    • $400,000
      2.00 Acres

      Richmond Residential Land - 2 Acres

      Prime 2-acre residential lot, excellent development potential.
      2 Fm 2759 Rd, Richmond, TX 77469
      View Details
    • $1,700,000
      17.82 Acres

      Richmond TX Land: 17.82 Acres

      Prime Commercial/Residential Land, Opportunity Zone
      0 Pultar Rd, Richmond, TX 77469
      View Details
    • $400,000
      10.00 Acres

      Texas Ranch Land: 10 Acres

      Unrestricted 10-acre Texas farm/ranch. Excellent investment opportunity.
      12201 Fm 2759 Rd, Richmond, TX 77469
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,564 SF

      Richmond Retail Center Opportunity

      Kroger-anchored, 2,000 SF available
      8019 Grand Pkwy, Richmond, TX 77469
      View Details
    • $15 SF/Yr
      14,085 SF

      Thompson Plaza Retail Center

      Richmond, TX Strip Center - 2 Suites Available
      2201 Thompson Rd, Richmond, TX 77469
      View Details
    • $28 SF/Yr
      12,320 SF

      Retail Space in High-Income Area

      Retail space in Rosenberg, TX, surrounded by residential communities.
      635 Benton Rd, Rosenberg, TX 77469
      View Details
    • $23 SF/Yr
      4,643 SF

      Move-In Ready Clinical Suites

      Clinical suites available near the new hospital and US-59.
      22001 Southwest Fwy, Richmond, TX 77469
      View Details
    • $13 SF/Yr
      3,151 SF

      Lynn Haven Suites: Richmond Office Space

      3,151 sq ft Office, Retail, Medical
      4832 Fm 2218 Rd, Richmond, TX 77469
      View Details
    • $26 SF/Yr
      13,429 SF

      Mega Square Shopping Center: Richmond, TX

      Retail Space Available: I-69 Frontage, High Traffic
      4120 Richmond Pkwy, Richmond, TX 77469
      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.
    8915 Fm 2759 Rd
    Richmond, TX 77469
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.