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Property profile & analytics
OFF-MARKET
Land

0 Davis St Conroe, TX 77304

9.51 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.51-acre commercial land parcel presents a compelling investment or development opportunity in Conroe, Texas. Boasting approximately 150 feet of highway frontage on West Davis/Highway 105 and roughly 450 feet of road frontage on Hart Road, this property enjoys unparalleled visibility and accessibility. Its prime location offers convenient proximity to major retailers including Walgreens, HEB, Lowe's, Home Depot, and Walmart, as well as schools, restaurants, hospitals, and entertainment venues. The property benefits from excellent thoroughfare access, situated a quarter-mile from FM 3083, one and a quarter miles from West Loop 336, approximately three miles from Highway 45, and about 11.5 miles from Montgomery. Currently under an agricultural exemption, this land offers significant potential. Texas Department of Transportation data reveals an average annual daily traffic count of 38,643, projected to increase to 47,917 by 2039, highlighting the strong growth trajectory of this area. An additional 5 acres are also available for purchase, presenting an opportunity to expand the development footprint. The asking price for this exceptional property is $2,950,000. This is a rare chance to acquire a highly desirable commercial site in a thriving Texas market.

Property profile
Verified
Property type Land
Lot 9.51 ac (414,256 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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