Property profile

0 Airport Rd Conroe, TX 77301

OFF-MARKET
Land
41.12 ac lot
Saved · see the list in your Dashboard

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

Location

Airport Rd Conroe, TX 77301
Conroe metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Airport Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message