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    3117 Montgomery Rd Huntsville, TX 77340

    For Sale
    $3,030,000

    Over 3 acres near I-45 and Sam Houston State University.

    Property Features for 3117 Montgomery Rd

    General Information

    Standard status
    Active

    Source: HEART OF TEXAS REAL ESTATE & MGMT. CO. Agent THERESA FRAZIER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land Opportunity

    This property offers commercial possibilities, situated between the Red Roof Inn and the Comfort Inn Suites, just off I-45 and near Sam Houston Avenue. The location is close to Sam Houston State University, which has over 21000 students, and major retailers such as Krogers, Brookshire Brothers, Walmart, Academy, and Target. The property consists of over 3 acres on a well-traveled road with a traffic count of 13,624 per day for 2023, according to TX DOT. There are three older homes located on the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Walker
    State
    Texas
    Longitude
    -95.55078
    Latitude
    30.695726

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    FAQs

    What type of property is this?
    Commercial land - Over 3 acres near I-45 and Sam Houston State University.
    Where is this commercial land located?
    The property is located at 3117 Montgomery Rd Huntsville, TX.
    What is the asking price?
    The asking price for this property is $3,030,000.
    What are key features of this property?
    This property features: - High traffic location (13,624 cars/day in 2023) on a well-traveled road.; - Located between Red Roof Inn and Comfort Inn Suites, just off I-45.; - Over 3 acres of land suitable for commercial development.
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    Huntsville, TX 77340
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3117 Montgomery Rd Huntsville, TX 77340
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