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    Plez Morgan Dr Montgomery, TX 77356

    For Sale
    $986,000

    4.115 acres, prime development tract.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 4.115-acre commercial land parcel presents a remarkable investment opportunity in the thriving Montgomery, Texas market. Located at 0 Plez Morgan, Montgomery, TX 77356, this property boasts a desirable location with excellent road frontage and depth. Priced at $986,000 ($5.50/sq ft), it offers significant potential for various commercial developments. The land is characterized by a gentle slope towards the southeast and features scattered trees. City water and sewer services are readily available on-site, simplifying infrastructure needs for future projects. The property is situated within the highly-regarded Montgomery ISD school district, adding to its appeal. This multi-use property is ideal for developers seeking a prime location with convenient access to essential utilities and a strong community infrastructure. Its size and features make it suitable for a wide range of commercial ventures, promising substantial returns on investment. The property's strategic location and versatile nature make it an exceptional opportunity for discerning investors and developers. Detailed site plans and further information are available upon request.

    Property Features for 0 Plez Morgan Dr

    General Information

    Property type
    Land
    Lot Size
    179,249 SF

    HighLights

    • Prime Montgomery, TX investment/development tract available.
    • City water and sewer on‑site; multi‑use zoning.
    • Montgomery ISD.
    • Excellent road frontage to depth ratio.
    • Gently sloping southeast‑facing lot with scattered trees.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Montgomery
    State
    Texas
    Longitude
    -95.6947928
    Latitude
    30.4017048

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    FAQs

    What type of property is this?
    Land - 4.115 acres, prime development tract.
    Where is this land located?
    The property is located at Plez Morgan Dr Montgomery, TX.
    What is the asking price?
    The asking price for this property is $986,000.
    What are key features of this property?
    This property features: Prime Montgomery, TX investment/development tract available.; City water and sewer on-site; multi-use zoning.; Montgomery ISD.
    Request Owner's contact information
    Plez Morgan Dr 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
    Plez Morgan Dr Montgomery, TX 77356
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