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    12720 Fm 1485 Rd Conroe, TX 77306

    For Sale
    Contact for pricing

    10.2 Acres, Unrestricted, Opportunity Zone

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 10.2-acre commercial, industrial, and residential land parcel presents a unique development opportunity in Conroe, Texas. Situated in Montgomery County, the property boasts approximately 290 linear feet of frontage along FM 1485, a major thoroughfare experiencing approximately 4,400 vehicles per day. The land is entirely outside of any flood zones, offering peace of mind for future development. This unrestricted property is conveniently located in an Opportunity Zone, providing potential tax advantages for investors. The site is approximately 0.5 miles north of the intersection of FM 1485 and FM 2090, ensuring excellent visibility and accessibility. Furthermore, the property benefits from its proximity to five schools within a one-mile radius: Creighton Elementary (839 students), Veterans Memorial Intermediate (1,300 students), Caney Creek High School (2,250 students), Moorehead Junior High (1,300 students), and Milam Elementary (505 students). Note that the sale is for the land only; all existing structures are excluded. While this 10.2-acre tract is the focus, larger adjacent parcels of approximately 18.53 acres and 40 acres are also available for purchase. This presents a rare chance to acquire a significant land holding in a rapidly growing area. Build-to-suit options and turnkey project possibilities are available upon request.

    Property Features for 12720 Fm 1485 Rd

    General Information

    Property type
    Land
    Lot Size
    444,312 SF

    HighLights

    • 10.2‑acre commercial, industrial, and residential land parcel available for sale in Conroe, TX.
    • Property features approximately 290 linear feet of frontage on FM 1485 and is located outside of flood zones.
    • Additional acreage available (18.53 and 40 acres).
    • High traffic volume of approximately 4,400 vehicles per day on FM 1485.
    • Unrestricted land located in an Opportunity Zone, approximately 0.5 miles north of the FM 1485 & FM 2090 intersection.
    • Five schools within one mile of the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Hair Salon Clothing Store Hotel & Motel Gym & Fitness Department Store Kitchen & Bath Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.3204986
    Latitude
    30.2661721

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    FAQs

    What type of property is this?
    Land - 10.2 Acres, Unrestricted, Opportunity Zone
    Where is this land located?
    The property is located at 12720 Fm 1485 Rd Conroe, TX.
    What are key features of this property?
    This property features: 10.2-acre commercial, industrial, and residential land parcel available for sale in Conroe, TX.; Property features approximately 290 linear feet of frontage on FM 1485 and is located outside of flood zones.; Additional acreage available (18.53 and 40 acres).
    Request Owner's contact information
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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
    12720 Fm 1485 Rd Conroe, TX 77306
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