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Highway Frontage Development Opportunity
For Sale
$585,000

242 Highway 242, Conroe, TX 77385

Two adjacent land lots with excellent visibility and access.

Property SizeContact for details
Days on Market429

Property Features for 242 Highway 242

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $2,852

Amenities

No
Listing Agency: eXp Realty, LLC
Listed By: Adam Olsen · License #0642075
Source: Compass
Added: Jun 27, 2025 Changed: Aug 8 Last Checked: Jul 23 at 10:18AM

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 eXp Realty, LLC

Investment Insights

Based on property information with market context.

These two adjacent land lots present a development opportunity with frontage on Highway 242 in Conroe, Texas. The property benefits from visibility and access along a high-traffic highway, situated in a rapidly developing commercial corridor. The location is near major thoroughfares and surrounded by expanding residential neighborhoods, medical facilities, and retail centers. The property is suitable for retail, office, service-based businesses, or mixed-use projects. Utilities are nearby, and the terrain is flat, offering a solid foundation for future construction.

Key Highlights

  • Prime location with frontage on high‑traffic Hwy 242.
  • Situated in Conroe's rapidly growing commercial corridor.
  • Surrounded by expanding residential neighborhoods, medical facilities, and retail centers.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Electrical Service Storage Facility Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,377
Businesses Nearby

Demographics for 77385, TX

27,801
Population
9,820
Households
2.8
Avg Household Size
35
Median Age
41%
College-Educated
92%
High-School Grad
21.7 sq mi
ZIP Area
1,281
Density / Sq Mi
$112,798
Median Household Income
$56,144
Median Earnings
$1,727
Median Rent
$294,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Two adjacent land lots with excellent visibility and access.
Where is this commercial land located?
The property is located at 242 Highway 242 Conroe, TX.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Prime location with frontage on high‑traffic Hwy 242.; Situated in Conroe's rapidly growing commercial corridor.; Surrounded by expanding residential neighborhoods, medical facilities, and retail centers.
More about this property
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