Property profile

24897 Rainbow Ln New Caney, TX 77357

FOR SALE
Commercial land
Property ID
US83-2574552
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Incredible opportunity for commercial or residential development in one of the fastest-growing areas of North East Montgomery County! This expansive 40+ acre property is ideally located adjacent to the thriving Tavola Subdivision, offering a mix of open space and partially wooded acreage with mature trees—perfect for a wide range of development possibilities. 400-amp electric service and septic system already on site. Aragoste Parkway (from Roman Forest) dead-ends into the northern portion of the property. Just minutes from 99/Grand Parkway and FM 1485, offering excellent connectivity and visibility. Surrounded by ongoing residential and commercial growth this property presents a unique opportunity for developers, investors, or builders looking to capitalize on the rapid expansion in this sought-after region. Don’t miss your chance to secure this rare parcel with prime location and existing infrastructure! ***Note the 40 acres consists of 3 tax ID tracts*** bikeScore: 26, Somewhat Bikeable walkScore: 2, Car-Dependent

Property profile

Verified
Property type Commercial land
UPID US83-2574552

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

24897 Rainbow Ln New Caney, TX 77357
New Caney metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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