0 & Old Houston Rd Conroe, TX 77302
This exceptional 108-acre commercial land parcel is strategically located in Conroe, Montgomery County, Texas, at the intersection of Hwy 242 and Old Houston Road, zip code 77302. Zoned for Conroe ISD, this property presents significant development potential. Its prime location offers easy access to major thoroughfares, including I-45 and I-69 (US 59), via nearby FM 242. The property's proximity to the rapidly growing Artavia master-planned community (approximately 4.5 miles east) further enhances its value. State Highway 242, a high-traffic corridor, ensures excellent visibility and accessibility. While portions of the land bordering Dry Creek are designated as floodplain by FEMA, the majority of the acreage offers ample opportunity. The property's location within an Opportunity Zone provides additional investment incentives. Ideal for residential development, this land offers a compelling investment opportunity, whether for immediate development or future land banking. Convenient access to TX-99 is available via FM 1314 or FM 1485.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.