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Property profile & analytics
OFF-MARKET
Land

19911 Tx-242 Conroe, TX 77306

6.38 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 6.38 ac (277,826 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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