3182 Brownie Campbell Rd Houston, TX 77038
This exceptional value-add opportunity presents a 2-acre unrestricted land parcel in Houston, Texas, at 3182 Brownie Campbell Rd, 77038. The property boasts a prime location inside Beltway 8, conveniently situated between TX 249 and I-45, offering easy access to major transportation arteries. Currently operating as a fully occupied mobile home park with six units generating a current NOI of $57,341, significant upside potential exists through pro-forma NOI projections of $74,141. The property features approximately 91,476 square feet of total land, with 5,400 square feet of net rentable space. The existing six single-story buildings are situated on the property, leaving nearly an acre of undeveloped land at the rear. This presents a unique opportunity to expand the mobile home park, add additional structures, or develop alternative uses such as warehouse or industrial buildings, maximizing return on investment. The property benefits from a well and septic system, and enjoys low property taxes. The unrestricted zoning allows for a wide range of development possibilities. This is a rare chance to acquire a cash-flowing asset with substantial growth potential in a highly desirable Houston location.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.