2 Market St Brenham, TX 77833
This exceptional 3.487-acre property, situated in the heart of downtown Brenham, Texas, presents a remarkable redevelopment opportunity. Encompassing a full city block bordered by S Market St, Sycamore St, Cottonwood St, and Pahl St, this site offers unparalleled road frontage on all sides. Currently improved with a church and school totaling approximately 46,727 square feet, including a gym and daycare facilities, plus a historic 3,994 square-foot Sycamore house and ample parking, the property boasts significant existing structures. The total square footage of the buildings and land is 50,721 square feet, listed at $2,250,000 ($44.36 per square foot). Built in 1920, this property is zoned for mixed-use development, making it ideal for a variety of projects, including hotels, residential housing (condos), retail spaces, or office buildings. The property also includes an additional lighted parking lot of approximately 0.631 acres. No rollback taxes apply per Washington County. This location offers significant potential for investors seeking a high-impact development project in a thriving Texas community. An adjacent city block (~1.234 acres) is also available for purchase (TXLS 145850). This is a rare chance to acquire a substantial downtown property with immense potential for future growth and development. The zip code is 77833.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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