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    27965 Fm 1485 Rd New Caney, TX 77357

    For Sale
    $1,498,500

    2.38-acre lot, excellent location, high visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.384-acre commercial land parcel, located at 27965 FM 1485 in New Caney, Texas (Montgomery County, zip code 77357), is offered at $1,498,500. The property boasts 521 feet of frontage on Highway 99 (Segment "H"), providing unparalleled visibility and accessibility. Its strategic location offers easy access to Loop 494 and I-69 (Highway 59), enhancing its appeal for a variety of commercial uses. The land is situated near key amenities and transportation arteries, including FM 1960 in Huffman (8 miles), Grand Texas Theme Park (12 miles), Valley Ranch Town Center and Grand Parkway (7 miles), and Houston and George Bush Intercontinental Airport (35-minute drive). This property is designated as being within an Opportunity Zone, presenting potential tax advantages for investors. The land is ideal for retail, office, or industrial development, offering significant potential for growth and return on investment. The APN is 0229-00-10100, 0229-00-03305. The land value is $9 per square foot.

    Property Features for 27965 Fm 1485 Rd

    General Information

    Property type
    Land
    Lot Size
    103,847 SF

    HighLights

    • 2.384‑acre commercial lot at 27965 FM 1485, New Caney, TX (Montgomery County, 77357).
    • 521 feet of frontage on Hwy 99 (Segment "H").
    • Excellent access to Loop 494 and I‑69 (Hwy 59).
    • Located in an Opportunity Zone.
    • Proximity to FM 1960 (8 miles), Grand Texas Theme Park (12 miles), Valley Ranch Town Center & Grand Parkway (7 miles).
    • 35‑minute drive to Houston and George Bush Intercontinental Airport.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Wholesale Shop Hotel & Motel Kitchen & Bath Bar & Pub Department Store Grocery Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    New Caney
    County
    Montgomery
    State
    Texas
    Longitude
    -95.1331117
    Latitude
    30.1466355

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    FAQs

    What type of property is this?
    Land - 2.38-acre lot, excellent location, high visibility
    Where is this land located?
    The property is located at 27965 Fm 1485 Rd New Caney, TX.
    What is the asking price?
    The asking price for this property is $1,498,500.
    What are key features of this property?
    This property features: 2.384-acre commercial lot at 27965 FM 1485, New Caney, TX (Montgomery County, 77357).; 521 feet of frontage on Hwy 99 (Segment "H").; Excellent access to Loop 494 and I-69 (Hwy 59).
    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
    27965 Fm 1485 Rd New Caney, TX 77357
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