Property profile

17040 Fm 1097 Willis, TX 77378

OFF-MARKET
Land
10.66 ac lot
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Property summary

AI-generated overview

This exceptional 10.656-acre unrestricted ranch presents a remarkable investment opportunity in Willis, Texas. Ideally situated on FM 1097 in Montgomery County, this property boasts unparalleled convenience and accessibility. Located just 10 minutes from a local HEB grocery store in Willis, 7 minutes from Interstate 45, and a short 15-minute drive to Lake Conroe, it offers the best of both worlds: tranquil countryside living with easy access to urban amenities. The property's proximity to Sam Houston National Forest adds to its appeal. A recently completed survey is available, simplifying the development process. The expansive acreage allows for diverse development possibilities, including but not limited to: office complexes with ample parking, gas stations, high-end storage facilities, residential subdivisions, or even a community park. The property's unrestricted nature provides maximum flexibility for future projects. An adjacent lot is also available for purchase, presenting an exceptional opportunity for expansion and consolidation. This is a rare chance to acquire a significant parcel of land in a rapidly growing area with high development potential. The asking price is $1,300,000. The property's address is 17040 FM 1097, Willis, TX 77378.

Property profile

Verified
Property type Land
Lot 10.66 ac (464,175 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

17040 Fm 1097 Willis, TX 77378
Willis metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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