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    31378 Fm 529 Rd Brookshire, TX 77423

    Sponsored
    For Sale
    $3,900,000

    Texas commercial/industrial land, ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 22-acre tract of unrestricted land in Brookshire, Texas, presents a remarkable investment opportunity. Located at 31378 FM 529 in Waller County, this property boasts approximately 293 feet of frontage on FM 529, a road slated for expansion to a six-lane street. The land is cleared and ready for immediate development, situated outside the floodplain and conveniently accessible to I-10 and the Grand Parkway (99). Utilities are available. The property's versatility allows for a wide range of uses, including commercial, industrial, residential development, garden center, multifamily housing, or storage facilities. This high-growth area offers significant potential for future appreciation. The asking price is $3,900,000, or $200,000 per acre. Included on the property is a 5,475-square-foot metal building featuring two roll-up doors, a water well, and a septic tank. The zip code is 77423. This is a rare opportunity to acquire a large, well-located parcel of land in a thriving Texas market.

    Property Features for 31378 Fm 529 Rd

    General Information

    Property type
    Land
    Lot Size
    958,320 SF

    HighLights

    • 22‑acre unrestricted land parcel (958,320 SF) in Brookshire, TX.
    • Approximately 293 feet of frontage on FM 529, slated for six‑lane expansion.
    • Utilities available; outside the floodplain.
    • Excellent access to I‑10 and Grand Parkway (99).
    • Cleared and ready for immediate development.
    • Suitable for commercial, industrial, residential, or other uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Nail Salon Gym & Fitness Department Store Electrical Service Home Appliance Store Nursing Home Assisted Living Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brookshire
    County
    Waller
    State
    Texas
    Longitude
    -95.9125383
    Latitude
    29.8787676

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    FAQs

    What type of property is this?
    Land - Texas commercial/industrial land, ready for development.
    Where is this land located?
    The property is located at 31378 Fm 529 Rd Brookshire, TX.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: 22-acre unrestricted land parcel (958,320 SF) in Brookshire, TX.; Approximately 293 feet of frontage on FM 529, slated for six-lane expansion.; Utilities available; outside the floodplain.
    Request Owner's contact information
    31378 Fm 529 Rd Brookshire, TX 77423
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    Brookshire, TX 77423
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    Realmo Value Estimation

    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.

    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.

    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
    31378 Fm 529 Rd Brookshire, TX 77423
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