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    OFF-MARKET
    Land

    0 Airport Rd, Conroe, TX 77301

    41.12 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 41.12-acre land parcel presents a unique investment opportunity in the rapidly expanding city of Conroe, Texas. Strategically located near Airport Road and within the Venetian Pines subdivision, this property offers convenient access to essential amenities and major transportation routes. City utilities are readily available, simplifying development plans. The land is ideally suited for a mixed-use development, catering to both residential and industrial needs. Its proximity to Interstate 45 (approximately 2.5 miles) ensures excellent connectivity. The 2023 tax rate is $1.6468 per $100 of assessed value. The asking price is $3,672,094, translating to a land value of $2.05 per square foot. This substantial acreage provides ample space for a variety of development projects, capitalizing on Conroe's robust growth trajectory and the demand for both residential and industrial properties. The property's versatile zoning and prime location make it an attractive proposition for discerning investors seeking significant returns. Detailed site plans and further information are available upon request.

    Property profile
    Verified
    Property type Land
    Lot 41.12 ac (1,791,187 SF)
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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