0 Morton Rd Brookshire, TX 77423
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.