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Property profile & analytics
OFF-MARKET
Land

I-45 & Fm 3083 Conroe, TX 77301

0.9 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.9 ac (39,204 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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