1018 Fm 1489 Rd Brookshire, TX 77423
This exceptional 468.231-acre commercial land parcel presents a rare acquisition opportunity in the rapidly growing Katy/Brookshire submarket of Waller County, Texas. Strategically located at the intersection of I-10 and FM 1489, this property boasts unparalleled visibility and direct access to major transportation arteries. The site offers significant advantages for developers, including direct access to FM 1489 and Donigan Road, each with convenient interchanges. Its prime I-10 frontage ensures high visibility for any future development. This is the last large undeveloped parcel on I-10 east of the Brazos River, representing a unique greenfield development opportunity. The property's location within an Opportunity Zone adds further investment appeal. The Katy/Brookshire area has experienced remarkable growth, making this a highly desirable location for a variety of commercial ventures. The address is 1018 FM 1489 Rd, Brookshire, TX 77423. This significant landholding offers substantial potential for investors seeking a prime location in one of the Houston MSA's strongest submarkets. The property is being offered for sale as of January 31st.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.