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    1431 Fm 3083 Rd Conroe, TX 77301

    For Sale
    $500,000

    2-Acre Tract, High-Growth Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2-acre commercial property, situated at the intersection of FM 3083 and SH Loop 336 in Conroe, Texas (zip code 77301), presents a unique mixed-use investment opportunity. The property includes a 1-story, 3-bedroom, 1-bathroom house, offering potential for immediate income generation as a rental or conversion to office space. Its prime location offers easy access to I-45 (5.4 miles) and SH 336 Loop (700 feet), catering to a variety of commercial ventures. The property is zoned for opportunity, allowing for diverse development options such as storage units, an RV park, a restaurant, or a strip center. Existing infrastructure includes city water and sewer, and electricity. A well is also present on the property, though its functionality is unverified. The seller confirms the property is not located within a flood plain. This investment benefits from Conroe's robust growth, boasting a 14% population increase since 2020, a median age of 33.7 years, and an average household income exceeding $87,043. Additional features include approximately 1,584 square feet of adaptable flex/office space, a 2.07 tax rate, and convenient access via a Texas Department of Transportation entrance. The property is located in an Opportunity Zone. This is a rare chance to capitalize on Conroe's thriving market and secure a valuable asset in a high-growth area. Asking price is $500,000.

    Property Features for 1431 Fm 3083 Rd

    General Information

    Property type
    Retail properties
    Lot Size
    87,120 SF

    Building Details

    Stories
    1

    HighLights

    • 5.4 miles to I‑45 freeway access.
    • 700 feet to SH 336 Loop.
    • 1,584 square feet of value‑add flex/office space.
    • Located in an Opportunity Zone.
    • 2.07 tax rate.
    • Direct access from TXDOT road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Department Store Kitchen & Bath HVAC Service Storage Facility Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.401062
    Latitude
    30.3076251

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    FAQs

    What type of property is this?
    Retail property - 2-Acre Tract, High-Growth Area
    Where is this retail property located?
    The property is located at 1431 Fm 3083 Rd Conroe, TX.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: 5.4 miles to I-45 freeway access.; 700 feet to SH 336 Loop.; 1,584 square feet of value-add flex/office space.
    Request Owner's contact information
    1431 Fm 3083 Rd Conroe, TX 77301
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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
    1431 Fm 3083 Rd Conroe, TX 77301
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