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    I-45 And Teas Nursery Rd Conroe, TX 77304

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    60 Acres, I-45 & Teas Nursery Rd.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    Exceptional 60-acre commercial land opportunity in Conroe, Texas, situated at the high-traffic intersection of I-45 and Teas Nursery Road. This prime parcel is part of the 115-acre Conroe Waterfront Center, a master-planned mixed-use development in the thriving north Houston submarket. The property boasts excellent visibility and accessibility to major thoroughfares, with utilities readily available. Its natural landscape provides a beautiful setting for a variety of commercial uses, including office, medical, restaurant, hospitality, and retail establishments. The location benefits from adjacency to Conroe Market Place, a successful retail power center anchored by national retailers such as Kohl's, Ashley Furniture, Old Navy, and PetSmart, ensuring high foot traffic and brand synergy. This development features several recently completed and ongoing road construction projects, further enhancing accessibility and visibility. This is an unparalleled chance to establish a thriving business in a rapidly growing area with strong existing infrastructure and a vibrant retail environment. The property is located in Montgomery County, Texas, with a zip code of 77304.

    Property Features for I-45 And Teas Nursery Rd

    General Information

    Property type
    Land
    Lot Size
    2,613,600 SF

    HighLights

    • 60‑acre commercial land parcel in Conroe, TX.
    • Located at I‑45 and Teas Nursery Road in Montgomery County.
    • Part of the 115‑acre Conroe Waterfront Center master‑planned mixed‑use development.
    • Excellent visibility and access to major thoroughfares; utilities available.
    • Adjacent to Conroe Market Place, a retail power center anchored by national retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.47623356
    Latitude
    30.33992859

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    FAQs

    What type of property is this?
    Land - 60 Acres, I-45 & Teas Nursery Rd.
    Where is this land located?
    The property is located at I-45 And Teas Nursery Rd Conroe, TX.
    What are key features of this property?
    This property features: 60-acre commercial land parcel in Conroe, TX.; Located at I-45 and Teas Nursery Road in Montgomery County.; Part of the 115-acre Conroe Waterfront Center master-planned mixed-use development.
    (713) 438-9516
    Request Owner's contact information
    I-45 And Teas Nursery Rd Conroe, TX 77304
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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
    I-45 And Teas Nursery Rd Conroe, TX 77304
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