I-45 & Fm 3083 Conroe, TX 77301
This exceptional 0.9-acre commercial land parcel presents a prime investment opportunity in Conroe, Texas, boasting a highly visible location at the northeast corner of I-45 and FM 3083. Priced at $823,284, or $21 per square foot, this property offers significant potential for various commercial developments. The site benefits from existing off-site detention, simplifying the development process. Its strategic position near the intersection places it within a thriving retail hub, adjacent to a Hilton Homewood Suites and across from the bustling Conroe Marketplace. This major retail center, with over 450,000 square feet of space, is fully occupied by prominent national retailers including Kohl's, Ross, Old Navy, TJ Maxx, and Bed Bath & Beyond, ensuring high traffic and visibility. The area's strong demographics, with an estimated population of over 227,126 people, further enhance the property's appeal. Ideal for quick-service restaurants (QSRs), car washes, coffee shops, or small strip retail developments, this land parcel offers unparalleled access and exposure in a rapidly growing market. Utilities are available on-site. The property is located in Conroe, TX, zip code 77301.
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.