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Property profile & analytics
OFF-MARKET
Hospitality properties

1003 Tx-332 Clute, TX 77531

59,261 SF 2.17 ac lot Built 2001
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity: This 82-key TownePlace Suites by Marriott hotel, located at 1003 TX-332, Clute, TX 77531, presents a compelling acquisition in a thriving Texas market. Built in 2001 and renovated in 2007, this two-story, 59,261 square foot property sits on a 2.17-acre lot (C-2 zoning). The hotel boasts spacious accommodations, including fully-equipped kitchens and high-speed internet, catering to both business and leisure travelers. Its strategic location near major employers (Dow, BASF, Freeport LNG, Chevron), shopping centers (Dixie Mini Mall, Plantation Mall, Brazosport Village), St. Luke’s Hospital, and local parks ensures high occupancy. Proximity to Texas Gulf Coast Regional Airport and Joseph Ross Scherdin Airport (15-minute drive) adds further appeal. Recreational opportunities, including beaches, boating, golfing, tennis, and water skiing, abound in the surrounding area. This established hotel offers a strong return on investment in a vibrant and growing market near Houston and the Texas Gulf Coast.

Property profile
Verified
Property type Hospitality properties
Year built 2001
Total area 59,261 SF
Lot 2.17 ac (94,525 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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