810-808 Morton Street
6-Lot Commercial Assemblage | Turnkey Office Building
Marketing description
Downtown Richmond Development Opportunity | 6 Lot Assemblage | 808–810 Morton St
Positioned in the heart of historic downtown Richmond, this two-parcel assemblage on Morton Street offers investors and developers a rare entry point into one of Fort Bend County's most active urban corridors. The offering includes 808–810 Morton Street, conveyed together as a single package on adjacent lots within Block 125 of the original City of Richmond plat.
Morton Street is Richmond's civic main street, flanked by Fort Bend County governmental facilities, professional services, local dining, and long-established businesses that draw consistent foot traffic throughout the week. With the county seat's daytime population generating reliable corridor activity, properties along this stretch carry locational value that cannot be replicated in suburban settings.
The combined footprint supports a range of strategies — hold both for income, redevelop one while maintaining cash flow on the other, or execute a unified mixed-use development on the consolidated site.
Fort Bend County's exceptional population growth — consistently ranking among the fastest-growing counties in the nation — is driving renewed investment in Richmond's historic downtown as the broader market matures. Land values in the urban core have responded accordingly, with meaningful appreciation in recent years and continued demand from investors seeking infill and mixed-use plays in supply-constrained urban nodes.
The site warrants buyer due diligence regarding Qualified Opportunity Zone census tract status, which — if confirmed — could make this an attractive vehicle for investors with eligible capital gains seeking the deferral and tax-free appreciation benefits available under the federal QOZ program.
Seller Financing options available, for more information contact Agent (713)858-9717 Jimmy Siller
Investment highlights
808–810 Morton Street | Lots 5, 6, 7 & 12, 13, 14 | Block 125 | Richmond, TX 77469
1. Six-Lot Downtown Assemblage — Rare Urban Footprint
The offering encompasses six contiguous lots (Lots 5, 6, 7, 12, 13, and 14 of Block 125, Town of Richmond) totaling approximately 18,375 SF in the heart of historic downtown Richmond. Assemblages of this scale on Morton Street are exceptionally rare — the combination of street frontage, lot depth, and established improvements makes this one of the most significant infill commercial opportunities currently available in Fort Bend County's urban core.
2. Established Brick Commercial Building
The site features a renovated brick office building — a durable, low-maintenance asset that is increasingly difficult and expensive to replicate at current construction costs. Brick commercial structures of this character and vintage in a downtown corridor carry inherent scarcity value independent of land basis.
3. 120+ Linear Feet of Morton Street Frontage
Per the recorded survey (RPLS No. 6229, March 2021), the property carries approximately 120.73 linear feet of frontage along Morton Street (70' ROW) — exceptional visibility on Richmond's primary commercial and civic corridor. Frontage of this magnitude on this block is a competitive advantage that cannot be replicated through smaller individual lot purchases.
4. ±211' Lot Depth — Significant Site Utility
The lots extend approximately 211–213 feet in depth from Morton Street north toward Calhoun Street/Railroad ROW, accommodating the existing building footprint plus on-site parking along Ninth Street. The depth provides meaningful flexibility for phased redevelopment, expansion, or structured parking without sacrificing the income-producing improvements.
5. Qualified Opportunity Zone Location
The Morton Street corridor warrants verification for Qualified Opportunity Zone census tract status. If confirmed, buyers deploying eligible capital gains through a Qualified Opportunity Fund may qualify for substantial federal tax benefits under OZ 1.0 (active through December 31, 2028) or the newly launched OZ 2.0 program effective January 1, 2027.
6. Multiple Value-Creation Strategies
- Stabilized hold — maintain and lease existing building for long-term income
- Value-add repositioning — upgrade second-floor space for professional office or residential conversion
- Owner-user acquisition — occupy ground floor, lease upper floor to offset carrying costs
- Mixed-use redevelopment — leverage the ±0.59-acre footprint and full lot depth for a phased commercial/residential mixed-use project
- Pad site monetization — utilize excess lot depth for additional development while preserving existing building income
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