This exceptional 31.94-acre commercial property boasts 920 feet of frontage on I-45 South in New Waverly, Texas, zip code 77358, Walker County. The land, which is currently zoned for commercial, industrial, and residential use, offers unparalleled access and visibility due to its location near the recently completed new southbound exit ramp. Strategically positioned between The Woodlands, Conroe, Willis, Huntsville, and New Waverly, and in close proximity to Lake Conroe, this property benefits from a strong regional economy and significant population growth. Nearby developments include the ExxonMobil corporate headquarters, Texas Grand Ranch, The Woodlands Hills (a master-planned community of approximately 4,600 homes), Moran Ranch, and Chambers Creek (a 55+ residential community). The property is surrounded by Sam Houston National Forest and Lake Conroe, providing a unique blend of natural beauty and commercial potential. The site includes a completely fenced perimeter with a wrought iron fence and gate, a winding concrete drive leading to two existing homes (one Heights style, the other a log home with an elevator, to be removed), a stocked pond with a bridge and gazebo, and a 4,800 square foot building. According to current FEMA FIRM maps and a recent Category 1A condition L.L. survey, the property is not located in a floodplain. The property is also currently designated as agricultural exempt. Potential uses are diverse and include luxury RV parks, retail developments, corporate retreats, single-family residential, multi-family housing, or industrial facilities. The asking price is $2,587,140, with a land value of $2.08 per square foot. The property's legal description is Marsh R (a-373), Tract 2.5. Owner financing may be available.
Property Features for 2564 I-45
General Information
Property type
Land
Square Feet
2,442 SF
Lot Size
1,391,306 SF
Building Details
Year Built
2006
Stories
1
HighLights
31.94‑acre commercial property in New Waverly, TX (77358) with 920 feet of I‑45 South frontage.
Zoned for commercial, industrial, and residential use, near a new southbound exit ramp.
Excellent location between The Woodlands, Conroe, Willis, Huntsville, and New Waverly, close to Lake Conroe.
Features a 4,800 sq ft building, stocked pond, gazebo, and fenced perimeter. Two existing homes (to be removed).
Non‑floodplain property (per FEMA FIRM maps and recent survey), currently agricultural exempt. Asking price: $2,587,140 ($2.08/sq ft). Owner financing may be available. Legal Description: Marsh R (a‑373), Tract 2.5.
The property is located at 2564 I-45 New Waverly, TX.
What is the asking price?
The asking price for this property is $2,587,140.
What are key features of this property?
This property features: 31.94-acre commercial property in New Waverly, TX (77358) with 920 feet of I-45 South frontage.; Zoned for commercial, industrial, and residential use, near a new southbound exit ramp.; Excellent location between The Woodlands, Conroe, Willis, Huntsville, and New Waverly, close to Lake Conroe.
Request Owner's contact information
2564 I-45 New Waverly, TX 77358
Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
2564 I-45 New Waverly, TX 77358
Message sent successfully
Error
Email to Your Friends
Message sent successfully
Error
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
2564 I-45 New Waverly, TX 77358
More about this listing
2564 I-45, New Waverly, TX
Randy Summers
Contact Person
Thank You
Your message was sent!
Error
Your message wasn't sent. Try again
Request price
2564 I-45, New Waverly, TX
Randy Summers
Contact Person
Thank You
Your message was sent!
Error
Your message wasn't sent. Try again
Property Records & Analytics
2564 I-45, New Waverly, TX
Thank You
Your message was sent!
Error
Your message wasn't sent. Try again
Request Owner's contact information
2564 I-45, New Waverly, TX
Thank You
Your message was sent!
Error
Your message wasn't sent. Try again
Current Estimation by Request
2564 I-45, New Waverly, TX
Thank You
Your message was sent!
Error
Your message wasn't sent. Try again
Send Message
to 2564 I-45 New Waverly, TX 77358
2564 I-45, New Waverly, TX
Randy Summers
Contact Person
Thank You
Your message was sent!
Error
Your message wasn't sent. Try again
Google sign-in failed. Please try again or use another login method.