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Property profile & analytics
OFF-MARKET
Commercial real estate

15081 Marina Dr Montgomery, TX 77356

1.46 ac lot
Entity Owned 4-yr Hold
Property ID
US83-2491438
Property summary
AI-generated overview

Exceptional opportunity to acquire a prime 1.46-acre waterfront property on Lake Conroe in Montgomery, Texas. This unrestricted tract boasts 200 feet of pristine lake frontage with riprap shoreline, offering breathtaking views and unparalleled access to the water. The property is already platted for four separate residential lots, presenting a unique opportunity for residential development, including single-family homes, condos, or townhomes. Alternatively, its unrestricted nature allows for the construction of commercial space. Mature trees provide natural shade and enhance the property's aesthetic appeal. The location offers both tranquility and convenience, situated across the bay from popular Lake Conroe establishments like Papa's On The Lake and Waterpoint. Nearby amenities include Fajita Jack's, Monty's Lighthouse, CVS, Starbucks, and a variety of other shops and restaurants. City water and sewer are available at the street. Quick access to Highway 105 ensures easy commuting. This is one of the last expansive waterfront properties available on Lake Conroe, making this a truly exceptional investment opportunity. The property's address is 15081 Marina Dr, Montgomery, TX 77356. Asking price is $2,000,000.

Property profile
Verified
Property type Commercial real estate
Lot 1.46 ac (63,598 SF)
UPID US83-2491438
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lake Shore Cove LP · 4 yrs held
Lake Shore Cove LP
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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