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Property profile & analytics
OFF-MARKET
Land

11948 Stidham Rd Conroe, TX 77302

1.3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.3-acre commercial land parcel presents a remarkable investment opportunity in the thriving Conroe, Texas market. Situated at 11948 Stidham Road & FM 1314, this property boasts a highly desirable location, perfect for a variety of commercial ventures. The asking price is $735,000, translating to a land value of $15 per square foot. The property is currently unimproved, meaning there are no existing utilities. However, this presents a blank canvas for developers to create a tailored project to meet their specific needs. Importantly, all necessary detention requirements for development are already included in the sale price, streamlining the development process and eliminating potential unforeseen costs. The property's address is 11948 Stidham Rd, Conroe, TX 77302, within Montgomery County. Its convenient location and significant acreage make it an attractive proposition for entrepreneurs seeking a strategic foothold in a rapidly growing area. The absence of existing utilities allows for the installation of systems customized to the future development's requirements. This presents a unique opportunity to build a project from the ground up, maximizing efficiency and return on investment. The inclusion of detention requirements in the sale price further enhances the value proposition, minimizing potential delays and expenses associated with development approvals.

Property profile
Verified
Property type Land
Lot 1.3 ac (56,628 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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