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    Morton Rd Brookshire, TX 77423

    For Sale
    Contact for pricing

    Prime Texas acreage, ideal for diverse development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 80-acre commercial land parcel presents a unique investment opportunity in Brookshire, Texas. Situated on Morton Road, this property boasts convenient access to major transportation arteries, including Interstate 10 (approximately 4 miles away) and FM 362 (less than 2 miles away). Its strategic location adjacent to Houston Executive Airport further enhances its appeal for a variety of uses. The property's zoning and potential uses are highly versatile, making it suitable for residential lot development, industrial or manufacturing facilities, distribution centers, warehousing, outdoor storage, RV parks, or even event venues. The surrounding area is experiencing significant growth, with new residential neighborhoods planned for the near future and numerous existing industrial and agricultural properties nearby. While there is a minor pipeline impact on the land, the overall potential remains substantial. This property is located within an Opportunity Zone, offering potential tax advantages for qualified investors. The property is located in Waller County and within the Royal ISD, with a total tax rate for 2023 of $1.79 per $100 of assessed value. Additionally, there are approximately 8 more acres available on Morton Road, presenting the possibility of expanding the total land acquisition. This is a rare opportunity to acquire a large tract of land in a rapidly developing area with excellent infrastructure and access.

    Property Features for 0 Morton Rd

    General Information

    Property type
    Land
    Lot Size
    3,484,800 SF

    HighLights

    • 80+/- acres available in Brookshire, TX, with an additional 8+/- acres on Morton Rd.
    • Adjacent to Houston Executive Airport.
    • Suitable for residential, industrial, manufacturing, distribution, warehousing, outdoor storage, RV park, or event venue development.
    • Proximity to new residential communities and existing industrial/agricultural properties.
    • Minor pipeline easement.
    • Convenient access to I‑10 (approx. 4 miles) and FM 362 (under 2 miles).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Brookshire
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.9136974
    Latitude
    29.8160139

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    FAQs

    What type of property is this?
    Land - Prime Texas acreage, ideal for diverse development.
    Where is this land located?
    The property is located at Morton Rd Brookshire, TX.
    What are key features of this property?
    This property features: 80+/- acres available in Brookshire, TX, with an additional 8+/- acres on Morton Rd.; Adjacent to Houston Executive Airport.; Suitable for residential, industrial, manufacturing, distribution, warehousing, outdoor storage, RV park, or event venue development.
    (281) 898-0895
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    Morton 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
    Morton Rd Brookshire, TX 77423
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