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    Conroe TX Anderson Rd Conroe, TX 77304

    Sponsored
    For Sale
    $1,655,000

    8 Acres, High-Growth Conroe, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8-acre commercial land tract in Conroe, Texas, presents a prime investment opportunity. Located on Anderson Road, off Sgt. Ed Holcomb Boulevard, this property boasts approximately 1,619 linear feet of road frontage, offering excellent visibility and accessibility. Situated in a rapidly growing area, Conroe ranks 6th nationally in economic and population growth, with a remarkable 14.71% five-year population increase. Montgomery County, where the property is located, also shows strong economic performance, ranking 30th nationally for annual GDP and business growth. This Tract C parcel is one of three available, and its location adjacent to a multi-story medical office building further enhances its appeal. Utilities are already in place, simplifying development for any investor. The property is unzoned, allowing for diverse development possibilities. The asking price is $1,655,000. The property's APN is 0289-02-0030. This is a rare chance to acquire land in a thriving Texas market.

    Property Features for Conroe TX Anderson Rd

    General Information

    Property type
    Land

    HighLights

    • 8‑acre commercial land parcel (Tract C).
    • 1,619 linear feet of Anderson Road frontage.
    • Adjacent to a three‑story medical office building.
    • Prime Conroe, Texas location; experiencing significant economic and population growth.
    • 14.71% five‑year population growth.
    • Montgomery County boasts strong GDP and business growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.482275264558
    Latitude
    30.304093055732

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    FAQs

    What type of property is this?
    Land - 8 Acres, High-Growth Conroe, TX
    Where is this land located?
    The property is located at Conroe TX Anderson Rd Conroe, TX.
    What is the asking price?
    The asking price for this property is $1,655,000.
    What are key features of this property?
    This property features: 8-acre commercial land parcel (Tract C).; 1,619 linear feet of Anderson Road frontage.; Adjacent to a three-story medical office building.
    Request Owner's contact information
    Conroe TX Anderson Rd Conroe, TX 77304
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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
    Conroe TX Anderson Rd Conroe, TX 77304
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