Investment Overview

The site contains 1.705 acres of development ready land on FM 359 in the extraterritorial jurisdiction of Richmond, Texas. The property is located half a mile north of Highway 90 Alternate and is adjacent to the River’s Edge subdivision and retail center. Just north of the property on the east side of FM 359, a new International Leadership of Texas K-8th school is expected to open in 2025, an office warehouse development is set to break ground in the earlier half of 2024, and a mixed-use development featuring approximately 300 units of multifamily and 36,000 SF of retail space is in the works. The land is served utilities through Fort Bend County MUD 140 and features approximately 275 feet of frontage along FM 359.