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    Conroe TX 77306 Fm 2854 Rd Montgomery, TX 77316

    For Sale
    $4,281,076

    15 Acres, High-Growth Area, Texas

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 15.12-acre commercial land tract presents a prime investment opportunity in Conroe, Texas. Located at 0 FM 2854 Rd, Conroe, TX 77316, this property boasts approximately 1,509 linear feet of frontage on Sgt. Ed Holcomb Blvd, situated at a traffic signal corner with FM 2854, ensuring high visibility and accessibility. The land, identified as Tract A, is part of a larger development and is zoned for commercial, industrial, and residential uses. With no city zoning restrictions, development options are flexible. The asking price is $4,281,076, translating to $6.50 per square foot. The property's substantial size (658,627 square feet) and strategic location within Montgomery County, Texas, a region experiencing significant economic and population growth (Conroe ranks 6th nationally in this area, with a 14.71% five-year population increase), make this a compelling investment. Utilities are already in place, streamlining the development process. The property's APN is 0289-02-00300. This is a rare chance to acquire a large, well-positioned tract in a thriving Texas market. Don't miss this opportunity to capitalize on Conroe's robust growth trajectory.

    Property Features for Conroe TX 77306 Fm 2854 Rd

    General Information

    Property type
    Land

    HighLights

    • 15.12‑acre commercial land tract (Tract A) in Conroe, TX.
    • Approx. 1,509 linear feet of frontage on Sgt. Ed Holcomb Blvd at a signalized intersection with FM 2854.
    • Prime Conroe location; Conroe ranks 6th nationally in economic and population growth.
    • 14.71% five‑year population growth in Conroe.
    • Montgomery County ranks 30th nationally for annual GDP and business growth.
    • Utilities are available, simplifying development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Texas
    Longitude
    -95.485907994835
    Latitude
    30.3092551388

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    FAQs

    What type of property is this?
    Land - 15 Acres, High-Growth Area, Texas
    Where is this land located?
    The property is located at Conroe TX 77306 Fm 2854 Rd Montgomery, TX.
    What is the asking price?
    The asking price for this property is $4,281,076.
    What are key features of this property?
    This property features: 15.12-acre commercial land tract (Tract A) in Conroe, TX.; Approx. 1,509 linear feet of frontage on Sgt. Ed Holcomb Blvd at a signalized intersection with FM 2854.; Prime Conroe location; Conroe ranks 6th nationally in economic and population growth.
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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
    Conroe TX 77306 Fm 2854 Rd Montgomery, TX 77316
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