Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Discovery Hl Pkwy Brookshire, TX 77423

    • Land
    • 5.20 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Discovery Hl Pkwy

    Lot size
    5.20 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 5.2-acre industrial land parcel presents a prime opportunity for development in the thriving Brookshire, Texas market. Located within the prestigious Twinwood Commerce Center, part of The Uplands at Twinwood Business Park, this shovel-ready site offers significant advantages for businesses seeking build-to-suit or design-build options. The property is conveniently situated near Highway 90 and I-10, ensuring excellent accessibility and logistical efficiency. Zoned for Federal Opportunity Zone designation, this site provides access to potential local and state incentives, further enhancing its investment appeal. All utilities are readily available, and the land is strategically located outside of both the 100 and 500-year floodplains, minimizing risk. Regional detention is already provided, streamlining the development process. The site is also subdividable, offering flexibility to accommodate various project scales and requirements. This is a rare opportunity to acquire a well-positioned, fully-serviced industrial land parcel in a rapidly growing area of Waller County, Texas. The property's strategic location and comprehensive infrastructure make it an ideal choice for a wide range of industrial and commercial ventures. Don't miss this chance to secure a prime location for your next project.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brookshire
    County
    Waller
    State
    Texas
    Longitude
    -95.9325
    Latitude
    29.7507

    Comparable in this City

    • Value Estimation by Request
      4.27 Acres

      35077 Katy Fwy

      Land • 4.27 Acres
      35077 Katy Fwy, Brookshire, TX 77423
      View Details
    • Value Estimation by Request
      123.85 Acres

      Bains Rd

      Farms • 123.85 Acres
      0 Bains Rd, Brookshire, TX 77423
      View Details
    • Value Estimation by Request
      1.50 Acres

      32931 Katy Brookshire Rd

      Land • 1.50 Acres
      32931 Katy Brookshire Rd, Pattison, TX 77423
      View Details
    • Value Estimation by Request
      47.00 Acres

      Neuman Rd

      Farms • 47.00 Acres
      0 Neuman Rd, Brookshire, TX 77423
      View Details
    • Value Estimation by Request
      22.00 Acres

      31378 Fm 529 Rd

      Land • 22.00 Acres
      31378 Fm 529 Rd, Brookshire, TX 77423
      View Details
    • Value Estimation by Request

      4109 South St

      Distribution properties
      4109 South St, Brookshire, TX 77423
      View Details

    Similar Nearby for Sale

    • $3,550,000
      4.27 Acres

      I-10 & FM1489 Commercial Land

      ±4.27 Acres, unrestricted zoning, subdividable
      35077 Katy Fwy, Brookshire, TX 77423
      View Details
    • Contact for pricing
      1.50 Acres

      Brookshire Land: Hwy 90 Frontage

      Prime Texas land, Hwy 90 access, development potential.
      32931 Katy Brookshire Rd, Pattison, TX 77423
      View Details
    • $3,900,000
      22.00 Acres

      Prime Brookshire Land - 22 Acres

      Texas commercial/industrial land, ready for development.
      31378 Fm 529 Rd, Brookshire, TX 77423
      View Details
    • Contact for pricing
      20.00 Acres

      20 Acres Brookshire Development Land

      Prime Texas land, ideal for diverse uses.
      7007 Wilson Rd, Brookshire, TX 77423
      View Details
    • $1,000,000
      19.52 Acres

      Brookshire Land: 19.52 Acres

      Prime Texas acreage, ideal for development.
      3200 Fm 3318 Rd, Brookshire, TX 77423
      View Details
    • $950,000
      1.17 Acres

      I-10 & FM1489 Commercial Pad Site

      Prime 1.17-acre lot, high traffic location.
      35099 Katy Fwy, Brookshire, TX 77423
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      18-Acre Commercial Land Pattison, TX

      Prime Commercial Land - Build-to-Suit Available
      33806 Morton Rd, Pattison, TX 77423
      View Details
    • Contact for pricing
      767,520 SF

      Twinwood Distribution Center III: Pattison, TX

      767,520 SF Warehouse - Fully Vacant
      2193 Discovery Hl Pkwy, Pattison, TX 77423
      View Details
    • Contact for pricing
      44,363 SF

      Pattison Warehouse Space Available

      Available warehouse space in Pattison, Texas, totaling 44,363 square feet.
      1926 Fm 362 Rd, Pattison, TX 77423
      View Details
    • Contact for pricing
      18,000 SF

      Brookshire Office-Warehouse/Vehicle Maintenance Facility

      Proposed 18,000 SF office-warehouse with 16.85-acre truck parking.
      35251 Katy Fwy, Brookshire, TX 77423
      View Details
    • Contact for pricing
      137,700 SF

      Twinwood Commerce Center: Brookshire, TX

      Modern Industrial Warehouse Space Available
      2510 Twinwood Pkwy, Brookshire, TX 77423
      View Details
    • Contact for pricing
      171,858 SF

      Westport Drive Executive Office/Warehouse

      Class A space, 171,858 SF available.
      4006 Westport Dr, Brookshire, TX 77423
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Discovery Hl Pkwy
    Brookshire, TX 77423
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.