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    Tbd Lone Star Pkwy Montgomery, TX 77356

    For Sale
    $653,400

    Prime 3-acre commercial lot in Montgomery, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 3-acre commercial land parcel is situated in the rapidly expanding Montgomery, Texas, boasting approximately 400 feet of frontage on Lone Star Parkway. Zoned for commercial use with unrestricted development potential, this property presents a unique opportunity for investors and developers alike. The asking price is $653,400, translating to a land value of $5 per square foot. While a portion of the property at the rear falls within a designated flood plain, the majority of the land is suitable for various commercial ventures. All essential utilities are readily available, simplifying the development process. The property's strategic location in Montgomery, a thriving community, ensures high visibility and accessibility, making it an ideal site for a wide range of commercial uses. The address is TBD Lone Star Pkwy, Montgomery, TX 77356. This is a rare opportunity to acquire a sizable commercial lot in a high-growth area. Detailed surveys and flood plain information are available upon request. Don't miss this chance to secure a prime piece of commercial real estate in Montgomery, Texas.

    Property Features for 0 Tbd Lone Star Pkwy

    General Information

    Property type
    Land
    Lot Size
    130,680 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Montgomery
    State
    Texas
    Longitude
    -95.703226459657
    Latitude
    30.399915775409

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    FAQs

    What type of property is this?
    Land - Prime 3-acre commercial lot in Montgomery, TX.
    Where is this land located?
    The property is located at Tbd Lone Star Pkwy Montgomery, TX.
    What is the asking price?
    The asking price for this property is $653,400.
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    Tbd Lone Star Pkwy Montgomery, TX 77356
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    Montgomery, TX 77356
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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
    Tbd Lone Star Pkwy Montgomery, TX 77356
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