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    16525 Old Houston Rd Conroe, TX 77302

    For Sale
    $2,250,000

    Prime 22-acre industrial lot, 80% cleared.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 22.13-acre industrial land parcel presents a remarkable opportunity in Conroe, Texas. Located in Montgomery County, at 16525 Old Houston Rd, zip code 77302, this property boasts a highly desirable location near the intersection of FM 242 and Old Houston Road, offering excellent accessibility and visibility. The asking price is $2,250,000. A significant advantage is that approximately 80% of the land is already cleared, significantly reducing site preparation costs and expediting development timelines. This makes it ideal for immediate construction or development projects. The property's substantial size provides ample space for a variety of industrial uses, from warehousing and distribution centers to manufacturing facilities or other large-scale industrial endeavors. Its strategic location within Conroe, a rapidly growing area, ensures strong potential for future appreciation and return on investment. The property's coordinates are 30.2126509 latitude and -95.3023198 longitude. This is a rare opportunity to acquire a large, well-situated industrial land parcel ready for immediate development. Don't miss out on this exceptional investment prospect.

    Property Features for 16525 Old Houston Rd

    General Information

    Property type
    Land
    Lot Size
    963,983 SF

    HighLights

    • 80% site preparation complete.
    • Prominent corner location at FM 242 and Old Houston Road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Omega Morgan-Houston Transportation Service Texas Heavy Industries Machining Manufacturer

    Suggested Use

    Auto Repair Shop Kitchen & Bath HVAC Service Storage Facility Garden Center Discount Store Electrical Service Electronics Store Car Rental Bakery

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

    Location Insight

    • Map
    • Local Demand
    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.3023198
    Latitude
    30.2126509

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    FAQs

    What type of property is this?
    Land - Prime 22-acre industrial lot, 80% cleared.
    Where is this land located?
    The property is located at 16525 Old Houston Rd Conroe, TX.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: 80% site preparation complete.; Prominent corner location at FM 242 and Old Houston Road.;
    Request Owner's contact information
    16525 Old Houston Rd Conroe, TX 77302
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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
    16525 Old Houston Rd Conroe, TX 77302
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