Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    14389 FM 1485 Conroe, TX

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Property with multiple buildings, arena, and redevelopment potential.

    Type:LAND
    Lot size:
    46.21 Acres
    Added:
    Nov 24, 2025
    Days on Market:
    128
    Last Refresh:
    Mar 29 at 11:10 pm

    Property Features for 14389 FM 1485

    General Information

    Standard status
    Active
    Lot size
    46.21 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Anne Vickery
    Anne Vickery

    Listing agent Anne Vickery License #0484993

    Listing office Anne Vickery & Associates Realty LLC

    Listing date Nov 24, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Anne Vickery & Associates Realty LLC

    Overview

    Conroe Retail & Equestrian Property

    This property features multiple buildings, including an office with a porch, and a large equestrian riding arena with stabilization. It offers excellent frontage and multiple access points via FM 1485, Nonesuch Rd, and Brown Rd. Located near Hwy 242, FM 2090, and FM 3083, the site is a 13-minute drive from I-69 (Hwy 59) and 15 minutes from Hwy 99 (Grand Pkwy). Houston and IAH Bush Airport are approximately 30 minutes away. The property is located in an Opportunity Zone and is adjacent to a high-volume Dollar General. There is an option for a 2.4-acre retail cut-out at the northeast corner of FM 1485 and Nonesuch Rd, making it ideal for redevelopment.
    Location Intelligence

    Current Use by Public Records

    Individual retail properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.3006
    Latitude
    30.2404

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      TX, Conroe - Woodland Square Blvd

      525 Woodland Square Blvd, Unit 2ND, Conroe, TX 77384
      View Details
    • Sponsored
      Contact for pricing

      TX, Conroe - Grand Central Pkwy

      1135 Grand Central Pkwy, Conroe, TX 77304
      View Details
    • $21/mo

      Conroe Office Space For Lease

      1,700 SF office space with included utilities and internet.
      3032 North Frazier Street, Conroe, TX 77304
      View Details
    • $13/mo

      Adaptable Office-Warehouse Flex Spaces

      Versatile office-warehouse units in Conroe, TX, ranging from 1,726-13,834 SF.
      2007 Airport Road, Conroe, TX 77301
      View Details
    • Contact for pricing

      Conroe Office Space For Rent

      Private office space available in Conroe, Texas, December 2025.
      945 Sgt Ed Holcomb S, Conroe, TX
      View Details
    • $22/mo

      Conroe Commercial Building with Loft

      Versatile commercial space ideal for light industrial, storage, or office.
      27562 Robinson Rd, Conroe, TX 77385
      View Details
    • $0.90/mo

      Conroe Office Space For Rent

      7,000 SF office space ideal for professional or medical use.
      610 E N Loop 336 E, Conroe, TX
      View Details
    • Contact for pricing

      Conroe Office Suite For Rent

      Office suite available for lease in Conroe, Texas.
      2912 W Davis Street, Conroe, TX
      View Details
    • Contact for pricing

      Immaculate Home on Gated Property

      Home on gated property with included utilities and lawn care.
      17980 Fm 2090 Road, Conroe, TX 77306
      View Details
    • Contact for pricing

      Conroe Office/Warehouse Sublease Opportunity

      2,450 SF office/warehouse space available for sublease in Conroe.
      2418 N Frazier St, Conroe, TX
      View Details
    • $25/mo

      Retail Space for Lease

      Retail spaces available for lease with high traffic count.
      525 Woodland Square Boulevard, Conroe, TX 77384
      View Details
    • Contact for pricing

      Finished Office Suite in Conroe

      1,422 SF office suite ideal for medical or professional use.
      1902 Longmire Rd, Conroe, TX 77304
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Property with multiple buildings, arena, and redevelopment potential.
    Where is this individual retail property located?
    The property is located at 14389 FM 1485 Conroe, TX.
    What are key features of this property?
    This property features: Ideal for redevelopment; Excellent frontage with multi‑access on FM 1485, Nonesuch Rd & Brown Rd; Located in opportunity zone
    (281) 940-7253
    We can help!
    Listing Contact
    Anne Vickery
    Anne Vickery
    Real Estate License ID: 0484993
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!