0 Davis St Conroe, TX 77304
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.
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
Similar Nearby for Sale
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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.