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Property profile & analytics
OFF-MARKET
Specialty properties

1 Market St Brenham, TX 77833

4,111 SF
Property ID
Property summary
AI-generated overview

This exceptional 1.234-acre property, located in the heart of downtown Brenham, Texas, presents a unique redevelopment opportunity. Situated on a full city block with road frontage on all sides, the property is bounded by N Market Street, E Academy Street, Cottonwood Street, and Pahl Street. Currently improved with parking lots, an educational building, and an antique home, this site offers significant potential for a variety of uses, including hotels, residential housing (condos), retail spaces, or office buildings. The property boasts 4,111 square feet of existing structures, currently utilized as a two-unit garage/parking facility, with an asking price of $725,000 ($176.36 per square foot). No rollback taxes are anticipated per Washington County. This location offers unparalleled access to downtown amenities and benefits from the city's incentives and tax phase-in programs. An adjacent, larger city block (approximately 3.487 acres) and an additional parking lot are also available for sale under a separate listing (TXLS 145848). This is a rare chance to acquire a substantial piece of Brenham's vibrant downtown core. The zip code is 77833.

Property profile
Verified
Property type Specialty properties
Total area 4,111 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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