18899 River Rd Conroe, TX 77302
This exceptional 31.463-acre industrial land parcel presents a unique investment opportunity in Conroe, Texas. Located at 18899 E River Rd, this property boasts excellent frontage on East River Road, providing high visibility and accessibility. Its ideal location offers significant potential for various industrial developments, while also presenting possibilities for residential projects. The property's convenient proximity to key transportation arteries enhances its appeal. It's situated near FM 1314, with easy access to Highway 242 and Interstate 45, ensuring seamless connectivity throughout the region. Commuters will appreciate the short drive times to nearby amenities and major thoroughfares. The Grand Texas Theme Park and Highway 242 are within a 12-minute radius, while Interstate 69 (Highway 59) is just 13 minutes away. Furthermore, Highway 99 (Grand Parkway) and the Valley Ranch Town Center are conveniently located within a 15-minute drive. For those needing access to major airports, Houston and George Bush Intercontinental Airport (IAH) are approximately 30 minutes away. The property's APN is 2580-00-12000. This expansive tract is offered at an asking price of $318,500 and presents a compelling opportunity for developers and investors seeking a strategic location in a rapidly growing area. The property is zoned for industrial use.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.