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    & Old Houston Rd Conroe, TX 77302

    For Sale
    Contact for pricing

    Prime Conroe, TX commercial land, 108 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 108-acre commercial land parcel is strategically located in Conroe, Montgomery County, Texas, at the intersection of Hwy 242 and Old Houston Road, zip code 77302. Zoned for Conroe ISD, this property presents significant development potential. Its prime location offers easy access to major thoroughfares, including I-45 and I-69 (US 59), via nearby FM 242. The property's proximity to the rapidly growing Artavia master-planned community (approximately 4.5 miles east) further enhances its value. State Highway 242, a high-traffic corridor, ensures excellent visibility and accessibility. While portions of the land bordering Dry Creek are designated as floodplain by FEMA, the majority of the acreage offers ample opportunity. The property's location within an Opportunity Zone provides additional investment incentives. Ideal for residential development, this land offers a compelling investment opportunity, whether for immediate development or future land banking. Convenient access to TX-99 is available via FM 1314 or FM 1485.

    Property Features for 0 & Old Houston Rd

    General Information

    Property type
    Land
    Lot Size
    4,704,480 SF

    HighLights

    • 108‑acre commercial land parcel at the intersection of Hwy 242 and Old Houston Road, Conroe, TX 77302.
    • Conroe ISD zoning, ideal for residential development, with land banking potential.
    • Partial floodplain designation along Dry Creek (FEMA).
    • Proximity to the 2,200‑acre Artavia master‑planned community.
    • Convenient access to TX‑99 via FM 1314 or FM 1485.
    • Located in an Opportunity Zone.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.3043328
    Latitude
    30.2147844

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    FAQs

    What type of property is this?
    Land - Prime Conroe, TX commercial land, 108 acres.
    Where is this land located?
    The property is located at & Old Houston Rd Conroe, TX.
    What are key features of this property?
    This property features: 108-acre commercial land parcel at the intersection of Hwy 242 and Old Houston Road, Conroe, TX 77302.; Conroe ISD zoning, ideal for residential development, with land banking potential.; Partial floodplain designation along Dry Creek (FEMA).
    (281) 367-2220
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    & Old Houston Rd Conroe, TX 77302
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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
    & Old Houston Rd Conroe, TX 77302
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