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    Davis St Conroe, TX 77304

    For Sale
    $2,950,000

    9.5 Acres, High Traffic, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 9.51-acre commercial land parcel presents a compelling investment or development opportunity in Conroe, Texas. Boasting approximately 150 feet of highway frontage on West Davis/Highway 105 and roughly 450 feet of road frontage on Hart Road, this property enjoys unparalleled visibility and accessibility. Its prime location offers convenient proximity to major retailers including Walgreens, HEB, Lowe's, Home Depot, and Walmart, as well as schools, restaurants, hospitals, and entertainment venues. The property benefits from excellent thoroughfare access, situated a quarter-mile from FM 3083, one and a quarter miles from West Loop 336, approximately three miles from Highway 45, and about 11.5 miles from Montgomery. Currently under an agricultural exemption, this land offers significant potential. Texas Department of Transportation data reveals an average annual daily traffic count of 38,643, projected to increase to 47,917 by 2039, highlighting the strong growth trajectory of this area. An additional 5 acres are also available for purchase, presenting an opportunity to expand the development footprint. The asking price for this exceptional property is $2,950,000. This is a rare chance to acquire a highly desirable commercial site in a thriving Texas market.

    Property Features for 0 Davis St

    General Information

    Property type
    Land
    Lot Size
    414,256 SF

    HighLights

    • 9.51‑acre commercial land parcel in Conroe, TX, priced at $2,950,000.
    • High visibility with ~150' of frontage on Hwy 105 (West Davis) and ~450' on Hart Road.
    • Excellent location near major retailers (Walgreens, HEB, Lowe's, Home Depot, Walmart), schools, restaurants, and hospitals.
    • Convenient access to FM 3083, West Loop 336, Hwy 45, and Montgomery.
    • High traffic counts (38,643 AADT, projected to 47,917 by 2039); currently under agricultural exemption.
    • Adjacent 5‑acre parcel also available for purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.4935258
    Latitude
    30.3244944

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    FAQs

    What type of property is this?
    Land - 9.5 Acres, High Traffic, Development Ready
    Where is this land located?
    The property is located at Davis St Conroe, TX.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: 9.51-acre commercial land parcel in Conroe, TX, priced at $2,950,000.; High visibility with ~150' of frontage on Hwy 105 (West Davis) and ~450' on Hart Road.; Excellent location near major retailers (Walgreens, HEB, Lowe's, Home Depot, Walmart), schools, restaurants, and hospitals.
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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
    Davis St Conroe, TX 77304
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