Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    17560 Tx-242 Roman Forest, TX 77357

    For Sale
    $9,538,000

    17.69 Acres, Prime New Caney Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 17.69-acre commercial land parcel presents a remarkable investment opportunity in the thriving New Caney, Texas market. Strategically positioned at the intersection of Highway 242 and Big Rivers Road, this property boasts an impressive 1,552 feet of frontage along the heavily trafficked Highway 242. The high visibility and accessibility are further enhanced by its proximity to major transportation arteries, including Interstate 69 and Highway 99. Daily traffic counts exceeding 79,819 vehicles on US 59 and 8,509 vehicles on Highway 242 ensure significant exposure for any development. The site's zoning and utilities, provided by EMC MUD#4, are ideal for a variety of commercial uses, including multi-family residential or retail developments. Its location near popular attractions like Big Rivers Water Park and Speed Sportz Raceway adds to its appeal. The asking price is $9,538,000, translating to a land value of $12.37 per square foot. The property's APN is 0382-00-00121. Seller financing options are available. This property offers significant potential for substantial returns in a rapidly growing area. Don't miss this chance to acquire a prime piece of commercial real estate in Montgomery County, Texas.

    Property Features for 17560 Tx-242

    General Information

    Property type
    Land
    Lot Size
    770,707 SF

    HighLights

    • $9,538,000 asking price.
    • 17.693‑acre commercial land parcel.
    • Located in New Caney, TX, at the intersection of Hwy 242 and Big Rivers Rd, offering 1,552 feet of Hwy 242 frontage.
    • High visibility due to daily traffic counts exceeding 79,819 vehicles on US 59 and 8,509 on Hwy 242.
    • Utilities provided by EMC MUD#4; ideal for multi‑family or retail development.
    • Seller financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Roman Forest
    County
    Montgomery
    State
    Texas
    Longitude
    -95.217110696415
    Latitude
    30.194049013625

    Nearby Comparable

    • $8,748,917

      Prime Land on Highway 242

      19.175 acres on high-traffic Hwy 242, ideal for development.
      21913 State Highway 242, New Caney, TX 77357
      View Details
    • $5,625,000
      19.18 Acres

      Prime Hwy 242 Commercial Land

      19 Acres, High Traffic Location, Seller Financing
      0 Tx-242, Conroe, TX 77357
      View Details
    • $958,219
      1.05 Acres

      Prime New Caney Commercial Land

      1.05 Acres, High Traffic Location, $958,219
      22780 Tx-242, New Caney, TX 77357
      View Details
    • $5,500,000
      8,931 SF

      Tranquil Ranch Near The Woodlands

      24.5-acre ranch with custom home and resort-style pool.
      24009 Pack Saddle Trl, New Caney, TX 77357
      View Details
    • $2,495,800
      10.56 Acres

      Prime Hwy 242 Commercial Land

      10.55 Acres, High Traffic, Opportunity Zone
      23019 Tx-242, Roman Forest, TX 77357
      View Details
    • $60,000

      Wooded Property with Bayou Access

      Wooded property with lush greenery and bayou access.
      21927 Holly Ln, New Caney, TX 77357
      View Details

    Nearby Similar for Sale

    • $900,000

      Income-Producing Mobile Home Park

      Six remodeled mobile homes on a commercially-serviced lot.
      19320 Crystalwood Estates Dr, Roman Forest, TX 77357
      View Details
    • $445,000

      Modern Townhome Duplex For Sale

      Duplex featuring modern architecture with 3 bedrooms and 2.5 bathrooms.
      2511 Appian Way, Roman Forest, TX 77357
      View Details
    • $299,000

      Leased Retail Space For Sale

      Fully leased retail space in Roman Forest, high traffic location.
      1714 Roman Frst Blvd, Roman Forest, TX 77357
      View Details
    • Contact for pricing
      2,500 SF

      12.99-Acre Texas Investment

      Mixed-use property with strong income.
      18118 Us-59, Roman Forest, TX 77357
      View Details
    • Contact for pricing
      3,600 SF

      Prime New Caney Commercial Site

      2-Acre lot, 3600 sq ft building, vacant.
      585 Roman Forest Blvd, New Caney, TX 77357
      View Details

    FAQs

    What type of property is this?
    Land - 17.69 Acres, Prime New Caney Location
    Where is this land located?
    The property is located at 17560 Tx-242 Roman Forest, TX.
    What is the asking price?
    The asking price for this property is $9,538,000.
    What are key features of this property?
    This property features: $9,538,000 asking price.; 17.693-acre commercial land parcel.; Located in New Caney, TX, at the intersection of Hwy 242 and Big Rivers Rd, offering 1,552 feet of Hwy 242 frontage.
    Request Owner's contact information
    17560 Tx-242 Roman Forest, TX 77357
    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.
    17560 Tx-242
    Roman Forest, TX 77357
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    17560 Tx-242 Roman Forest, TX 77357
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.