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    22010 Loop 494 New Caney, TX 77357

    Sponsored
    For Sale
    $1,538,300

    1.83-acre prime retail corner, high traffic.

    Property size:
    1,302 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.83-acre commercial property, located at 22010 Loop 494 in New Caney, Texas (zip code 77357), presents a remarkable investment opportunity. Situated on a prime corner lot, this 1,302 square foot retail space is ideally suited for a variety of uses, including convenience stores, quick-service restaurants (QSRs), and restaurants. The property boasts multiple access points from Loop 494 and Oakley Road, ensuring high visibility and accessibility. Benefitting from heavy traffic flow on Loop 494 and excellent exposure to Highway 99 (Grand Parkway), this location guarantees maximum exposure to a large consumer base. The area is characterized by a thriving mix of residential neighborhoods, schools, and businesses. Utilities are provided by New Caney MUD. The property is easily accessible from Community Drive, I-69 (Highway 59), and Highway 99 (Grand Parkway). Its strategic location within an Opportunity Zone further enhances its investment appeal. The site is ideal for redevelopment and offers ample parking for tenants and customers. Proximity to Houston and George Bush Intercontinental Airport (IAH) within 15 miles adds to its overall desirability. The asking price for this exceptional property is $1,538,300.

    Property Features for 22010 Loop 494

    General Information

    Property type
    Restaurants
    Square Feet
    1,302 SF
    Lot Size
    79,715 SF

    HighLights

    • SWC Corner Lot, 1.83 acres.
    • Multiple access points from Loop 494 and Oakley Road.
    • High traffic counts on Loop 494.
    • Excellent visibility from Highway 99 (Grand Parkway).
    • Utilities provided by New Caney MUD.
    • Ideal for redevelopment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    New Caney
    County
    Montgomery
    State
    Texas
    Longitude
    -95.221102120379
    Latitude
    30.127422601035

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    FAQs

    What type of property is this?
    Restaurant - 1.83-acre prime retail corner, high traffic.
    Where is this restaurant located?
    The property is located at 22010 Loop 494 New Caney, TX.
    What is the asking price?
    The asking price for this property is $1,538,300.
    What are key features of this property?
    This property features: SWC Corner Lot, 1.83 acres.; Multiple access points from Loop 494 and Oakley Road.; High traffic counts on Loop 494.
    Request Owner's contact information
    22010 Loop 494 New Caney, TX 77357
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    New Caney, 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
    22010 Loop 494 New Caney, TX 77357
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