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    21192 Legion Rd New Caney, TX 77357

    Sponsored
    For Sale
    Contact for pricing

    3.28 Acres, Prime Location, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.28-acre commercial property boasts excellent visibility and accessibility on I-69 and Legion Road in New Caney, Texas. The land is ideally suited for a variety of commercial uses, including retail, office, and medical facilities. Its strategic location offers easy access to Highway 59 and Highway 99, placing it within close proximity to significant amenities such as the Sallas Sports Complex, Valley Ranch Town Center, and Randall Reed Stadium. The property's proximity to the Grand Texas Theme Park (6.2 miles north) and Houston's Bush Intercontinental Airport (approximately 20 minutes away) further enhances its appeal. The site is served by New Caney MUD utilities. Two APNs are included: 9005-00-00100 and 9005-00-00200. This prime location presents a unique opportunity for developers seeking high-traffic exposure and a strong potential for return on investment. The property's versatility and strategic positioning make it an exceptional choice for businesses seeking a prominent presence in a rapidly growing area of Montgomery County. This is a rare opportunity to acquire a substantial parcel of land in a thriving commercial corridor.

    Property Features for 21192 Legion Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    142,877 SF

    HighLights

    • Excellent Hwy 59 frontage.
    • Proximity to Sallas Sports Complex, Valley Ranch Town Center, and Randall Reed Stadium.
    • Suitable for retail, office, and medical uses.
    • Served by New Caney MUD utilities.
    • Easy access to Hwy 99.
    • Located approximately 6.2 miles from Grand Texas Theme Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Caney
    County
    Montgomery
    State
    Texas
    Longitude
    -95.226679368013
    Latitude
    30.13830803794

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    FAQs

    What type of property is this?
    Multifamily property - 3.28 Acres, Prime Location, Development Ready
    Where is this multifamily property located?
    The property is located at 21192 Legion Rd New Caney, TX.
    What are key features of this property?
    This property features: Excellent Hwy 59 frontage.; Proximity to Sallas Sports Complex, Valley Ranch Town Center, and Randall Reed Stadium.; Suitable for retail, office, and medical uses.
    Request Owner's contact information
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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
    21192 Legion Rd New Caney, TX 77357
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