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Property profile & analytics
OFF-MARKET
Land

10173 Crockett Martin Rd Conroe, TX 77306

15 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 15-acre property, located at 10173 Crockett Martin Rd, Conroe, TX 77306, presents a unique investment opportunity. Currently zoned for both commercial and residential use, this versatile land offers significant potential for various developments. The property boasts a prime location in a rapidly growing area, with nearby amenities including a new Exxon gas station and two new residential developments. The high elevation provides excellent visibility and potential advantages. While currently equipped with a septic system and well, city water and sewer are readily available. Existing improvements include a log cabin, a swimming pool, a half-acre shallow pond, and a small outbuilding. The asking price is $4,800,000. Given the high demand and rapid development in the immediate area, this property is expected to sell quickly. The property's size and zoning make it suitable for multi-family housing, industrial projects, large-scale retail ("big box"), or other commercial ventures. This is a rare opportunity to acquire a substantial parcel of land in a thriving Texas market. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 15 ac (653,400 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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