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Property profile & analytics
OFF-MARKET
Land

0 Morton Rd Brookshire, TX 77423

80 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 80 ac (3,484,800 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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