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    2305 Lone Star Pkwy Montgomery, TX 77356

    For Sale
    $1,627,000

    High-traffic corner lot, excellent development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 4.67-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Montgomery, Texas. Strategically located on a hard corner at 2305 Lone Star Pkwy, this property boasts significant visibility and accessibility due to its prominent position at a traffic light intersection. The site offers approximately 800 feet of frontage along Lone Star Parkway and approximately 300 feet along FM 149, maximizing exposure to high vehicular traffic. All utilities are readily available, simplifying development plans. Priced at $1,627,000, this translates to a land value of $8 per square foot. The expansive lot size and prime location make it ideally suited for a variety of commercial ventures, including, but not limited to, a convenience store, as well as many other possibilities. Situated in Montgomery County, Texas, with a zip code of 77356, this property offers unparalleled access to a growing community and robust infrastructure. This is a rare opportunity to acquire a high-impact commercial site in a desirable Texas location. Don't miss this chance to secure a prime piece of Montgomery real estate.

    Property Features for 2305 Lone Star Pkwy

    General Information

    Property type
    Land
    Lot Size
    203,425 SF

    HighLights

    • 4.67‑acre commercial land parcel in Montgomery, TX.
    • High‑visibility hard corner location at 2305 Lone Star Pkwy, with traffic signal.
    • Approximately 800 ft of frontage on Lone Star Pkwy and 300 ft on FM 149.
    • All utilities available.
    • $1,627,000 asking price; $8/SF land value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Skin Care Clinic Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Texas
    Longitude
    -95.699482867794
    Latitude
    30.400004235443

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, excellent development potential.
    Where is this land located?
    The property is located at 2305 Lone Star Pkwy Montgomery, TX.
    What is the asking price?
    The asking price for this property is $1,627,000.
    What are key features of this property?
    This property features: 4.67-acre commercial land parcel in Montgomery, TX.; High-visibility hard corner location at 2305 Lone Star Pkwy, with traffic signal.; Approximately 800 ft of frontage on Lone Star Pkwy and 300 ft on FM 149.
    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
    2305 Lone Star Pkwy Montgomery, TX 77356
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