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    18118 Us-59 Roman Forest, TX 77357

    Sponsored
    For Sale
    Contact for pricing

    Mixed-use property with strong income.

    Property size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12.99-acre investment opportunity in Roman Forest, Texas, boasts excellent frontage and high visibility on US-59 (I-69). The property includes a 2,500 square foot bar/lounge, a 1,056 square foot former service station canopy, and an adjacent 240 square foot canopy building. Currently, tenants are in place, generating a stable income stream. The property's strategic location offers easy access to major thoroughfares, including SH 242 and is just two miles north of Grand Texas Theme Park. Conveniently situated near shopping and dining destinations such as Caney Crossing and Valley Ranch Town Center (located four miles south on Hwy 99/Grand Parkway), this property presents a compelling investment opportunity. Built in 1986, the property consists of multiple parcels (APN: 6500-00-03200, 6500-00-03100, 6500-00-03300, 0076-00-00800, 0076-00-00700) and is classified as Industrial, Mixed Use, Office, and Retail. The property is located at 18118 US-59, Roman Forest, TX 77357, and is approximately 30 minutes from George Bush Intercontinental Airport (IAH). This stabilized, income-producing asset offers significant potential for long-term growth and return.

    Property Features for 18118 Us-59

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,500 SF
    Lot Size
    565,844 SF

    Building Details

    Year Built
    1986

    HighLights

    • High‑Visibility Street Frontage
    • Stable Occupancy and Cash Flow
    • Proven Income‑Generating Asset
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    Roman Forest
    County
    Montgomery
    State
    Texas
    Longitude
    -95.197591810887
    Latitude
    30.182829757784

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    FAQs

    What type of property is this?
    Individual retail property - Mixed-use property with strong income.
    Where is this individual retail property located?
    The property is located at 18118 Us-59 Roman Forest, TX.
    What are key features of this property?
    This property features: High-Visibility Street Frontage; Stable Occupancy and Cash Flow; Proven Income-Generating Asset
    Request Owner's contact information
    18118 Us-59 Roman Forest, TX 77357
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    Roman Forest, TX 77357
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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
    18118 Us-59 Roman Forest, TX 77357
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