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    1206 Brooks St Houston, TX 77009

    For Sale
    Contact for pricing

    Prime Houston land, high-growth area, income potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 77009 Houston property presents a unique covered land investment opportunity with existing income. Located at 1206 Brooks Street, this Harris County land boasts a prime location directly across from the Prose and Hardy Yards Apartments, a substantial Class A multifamily development (approximately 1,200 units, fully stabilized or soon to be). The area is experiencing significant revitalization, with a major retail redevelopment project underway in the immediate vicinity. This presents an ideal setting for a full-service restaurant, brewery, or other retail development, capitalizing on the high foot traffic and growing residential population. The property's proximity to the University of Houston-Downtown campus, Saint Arnold's Brewery, and Bad Astronaut Brewery (with Meow Wolf projected to draw 750,000 annual visitors) further enhances its desirability and potential for high returns. There are no known restrictions on the property, making it a flexible and attractive investment. This is a rare chance to acquire a covered land play with existing income in a rapidly developing Houston neighborhood.

    Property Features for 1206 Brooks St

    General Information

    Property type
    Land

    HighLights

    • 7,700 SF covered land investment opportunity with existing income.
    • Located at 1206 Brooks Street, Harris County, across from a large Class A multifamily development (approx. 1,200 units).
    • Prime location in a rapidly revitalizing area with significant retail redevelopment underway.
    • Ideal for restaurant, brewery, or other retail uses, benefiting from high foot traffic and growing residential population.
    • Near University of Houston‑Downtown, Saint Arnold's Brewery, and Bad Astronaut Brewery (with projected high foot traffic from Meow Wolf).
    • No known restrictions on the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.3550917
    Latitude
    29.7748892

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    FAQs

    What type of property is this?
    Land - Prime Houston land, high-growth area, income potential.
    Where is this land located?
    The property is located at 1206 Brooks St Houston, TX.
    What are key features of this property?
    This property features: 7,700 SF covered land investment opportunity with existing income.; Located at 1206 Brooks Street, Harris County, across from a large Class A multifamily development (approx. 1,200 units).; Prime location in a rapidly revitalizing area with significant retail redevelopment underway.
    (281) 995-2200
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    1206 Brooks St Houston, TX 77009
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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
    1206 Brooks St Houston, TX 77009
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