Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Corner Lot Near Bentwater Title is generated by Realmo AI

    15318 Liberty St, Montgomery, TX 77356

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    1.23 acre corner lot with dual road frontage.

    Type:Land
    Lot size:
    1.23 Acres
    Added:
    Feb 4, 2026
    Days on Market:
    101
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 15318 Liberty St

    General Information

    Standard status
    Active
    Lot size
    1.23 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Larry Jacobs
    Larry Jacobs

    Listing agent Larry Jacobs License #TX 0124795

    Listing office Jacob Properties

    Listing date Feb 4, 2026

    Source Crexi

    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 Jacob Properties

    HighLights

    • Highly visible corner location at FM 1097 E & FM 149
    • 1.23± acre tract with exceptional exposure
    • Dual frontage on FM 1097 E and FM 149
    • Strategic location near Bentwater, Lake Conroe, Historic Downtown Montgomery, and Sam Houston National Forest
    • Multiple points of entry and strong road presence
    • Surrounded by continued residential and retail growth

    Overview

    This 1.23 acre tract is located at the corner of FM 1097 E and FM 149, offering visibility and access along a corridor leading toward Bentwater, Lake Conroe, Historic Downtown Montgomery, and the Sam Houston National Forest. The property benefits from frontage on both roads, creating multiple points of entry and road presence. The site is surrounded by residential and retail growth, providing layout potential and a location suited for high-traffic uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center 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
    Montgomery
    County
    Montgomery
    State
    Texas
    Longitude
    -95.698673
    Latitude
    30.403418

    Nearby Similar for Sale

    • $4,450,000
      13,250 SF

      Modern Retail Property in Montgomery

      Built in 2021, 81% leased, upside potential.
      Old River Road, Montgomery, TX
      View Details
    • $999,999

      Prime Corner Commercial Land Opportunity

      Corner lot with utilities, high visibility, and development potential.
      15201 Walden Rd, Montgomery, TX 77356
      View Details
    • $649,900

      Commercial Land FM 149 Frontage

      1.48 acre commercial land with frontage on FM 149.
      14465 FM 149, Montgomery, TX
      View Details
    • $399,000
      1,384 SF

      Charming Home on FM 1486

      Versatile property with high visibility, ideal for residential or commercial.
      0000 S FM 1486 Rd, Montgomery, TX 77316
      View Details
    • $534,000

      Multi-Use Land Near Lake Conroe

      4-acre multi-use land near Bentwater and Lake Conroe.
      12526-4 Pearson Rd, Montgomery, TX 77356
      View Details
    • $999,999

      Prime Corner Commercial Opportunity

      Corner lot with utilities, high visibility, and development potential.
      15201 Walden Road, Montgomery, TX 77356
      View Details
    • $6,750,000
      2,308 SF

      Montgomery Retreat with Updated Home

      Private 106-acre retreat with updated home, pool, and pond.
      2757 Saint Beulah Chapel Rd, Montgomery, TX 77316
      View Details
    • $2,350,000
      5,158 SF

      Turn-Key Ranch Estate with Barn

      12-acre ranch estate with 22-stall barn, 60 minutes from Houston.
      2743-2 Bobville Road, Montgomery, TX 77316
      View Details
    • $765,610

      McCaleb Road Retail Opportunity

      Commercial land available on busy McCaleb Road.
      2280 Mccaleb Road, Montgomery, TX 77316
      View Details
    • $725,000

      Parklike Acres Near Montgomery

      7.25 acres with pastures, ponds, barns, and utilities.
      12494-725B Hill Creek Road, Montgomery, TX 77356
      View Details
    • Contact for pricing
      10,800 SF

      Montgomery Commercial Property on FM 2854

      10,800 SF commercial property with existing tenant income.
      20820 FM 2854 Rd, Montgomery, TX 77356
      View Details
    • $718,740

      Unrestricted Land in Montgomery, Texas

      Prime land with high visibility and flexible use options.
      tbd 3ac Lone Star Parkway, Montgomery, TX 77356
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.23 acre corner lot with dual road frontage.
    Where is this commercial land located?
    The property is located at 15318 Liberty St Montgomery, TX.
    What is the asking price?
    The asking price for this property is $1,180,000.
    What are key features of this property?
    This property features: Highly visible corner location at FM 1097 E & FM 149; 1.23± acre tract with exceptional exposure; Dual frontage on FM 1097 E and FM 149
    (936) 537-8039 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Larry Jacobs
    Larry Jacobs
    Real Estate License ID: TX 0124795
    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

    Thank You for Inquiry
    15318 Liberty St, Montgomery, TX 77356
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!