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Lake Olympia Pky & Parkway Terrace Rd 2.32 Acres of Commercial Land in Missouri City, TX 77459

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Investment Highlights

  • Prime corner location with strong visibility along Lake Olympia Parkway.
  • Utilities available via Fort Bend MUD 48 supporting immediate development readiness.
  • Surrounded by expanding master-planned communities with strong demographic momentum.
  • Direct access to major regional connectors including Fort Bend Toll Road and Highway 6.
  • Situated outside the floodplain offering reduced development risk.
  • Approved retail development plans available to accelerate project execution.

Executive Summary

This ±2.32-acre development site at the northwest corner of Lake Olympia Parkway and Parkway Terrace Road offers an exceptional opportunity in one of Missouri City’s most rapidly growing residential corridors. Positioned just minutes from the Fort Bend Toll Road, Highway 6, SH 288, and Beltway 8, the property delivers superb regional connectivity for future retail, commercial, multifamily, or mixed-use development. The site benefits from strong surrounding demographics, including significant population growth projections within a five-mile radius and above-average household incomes. Utilities are readily available through Fort Bend MUD 48, and the land is fully outside the floodplain, providing a straightforward path to development. With ±245 feet of frontage on Lake Olympia Parkway and adjacency to new master-planned communities, the site offers excellent visibility and demand fundamentals. Approved retail center plans are available, providing developers a head start on bringing new amenities to this thriving area.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
Total Lot Size 2.32 AC

1 Lot Available

Lot

Lot Size 2.32 AC

Property Taxes

Property Taxes

Parcel Number
0313-00-000-0304-907
Land Assessment
$582,519 CAD
Improvements Assessment
$0 CAD
Total Assessment
$582,519 CAD
  • Listing ID: 39478824

  • Date on Market: 2026-02-18

  • Last Updated:

  • Address: Lake Olympia Pky & Parkway Terrace Rd, Missouri City, TX 77459

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