19911 Tx-242 Conroe, TX 77306
This exceptional 6.378-acre commercial and industrial land parcel is strategically located at 19911 TX-242 in Conroe, Montgomery County, Texas, zip code 77306. Priced at $1,398,000, this property offers a land value of $5 per square foot. The APN is 4005-00-00600. Its prime location at the northeast corner of Hwy 242 and Hayden Road benefits from the nearing completion of the Hwy 242 expansion. The property enjoys close proximity to thriving communities like Artavia and Harrington Trails, and is conveniently located just five miles from Grand Texas Theme Park and SpeedSportz Race Park. Further enhancing its appeal is its proximity to Valley Ranch Town Center (8 miles away) and easy access to major transportation arteries including FM 1485, I-45, and I-69 (Hwy 59). Commuting to Houston and George Bush Intercontinental Airport (IAH) is a breeze, estimated at approximately 30 minutes. For larger-scale development, note that an additional 36+ acres of adjacent land is also available. This presents a unique opportunity for investors and developers seeking a high-growth area with excellent infrastructure and accessibility.
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.