11948 Stidham Rd Conroe, TX 77302
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.
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
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.