Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    Tbd Fm 2854 Rd Conroe, TX 77304

    • Land
    • 8.07 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Tbd Fm 2854 Rd

    Lot size
    8.07 lot acres
    Property type
    Land

    Description

    This exceptional 8.07-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Conroe, Texas. Located on FM 2854 Road, this property boasts a prime location within Montgomery County, offering easy access to key transportation routes. The property's address is TBD FM 2854 Rd, Conroe, TX 77304, and its location within a rapidly expanding area makes it ideal for a variety of commercial ventures. Conroe itself has experienced significant growth, with a five-year population increase of 14.71 percent, solidifying its position as one of the nation's top boomtowns. The surrounding Montgomery County also demonstrates robust economic health, ranking 30th nationally for annual GDP and business growth rates. The property's APN is 0009-02-03500. This substantial acreage provides ample space for development, catering to a wide range of commercial uses, making it an attractive proposition for investors seeking exposure to a dynamic and expanding market. The property is zoned for commercial use (subtype specified as Commercial). This presents a unique chance to capitalize on Conroe's impressive growth trajectory and establish a successful commercial enterprise. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.5746
    Latitude
    30.3196

    Comparable in this City

    • Value Estimation by Request

      13241 Tx-105

      Land
      13241 Tx-105, Conroe, TX 77304
      View Details
    • Value Estimation by Request
      9.51 Acres

      Davis St

      Land • 9.51 Acres
      0 Davis St, Conroe, TX 77304
      View Details
    • Value Estimation by Request

      Conroe TX Anderson Rd

      Land
      Conroe TX Anderson Rd, Conroe, TX 77304
      View Details
    • Value Estimation by Request
      60.00 Acres

      I-45 And Teas Nursery Rd

      Land • 60.00 Acres
      I-45 And Teas Nursery Rd, Conroe, TX 77304
      View Details
    • Value Estimation by Request
      33.60 Acres

      Sgt Ed Holcomb Blvd

      Land • 33.60 Acres
      0 Sgt Ed Holcomb Blvd, Conroe, TX 77304
      View Details
    • Value Estimation by Request

      Sgt Ed Holcomb Blvd

      Land
      0 Sgt Ed Holcomb Blvd, Conroe, TX 77304
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      28.39 Acres

      Conroe Commercial Land - 28 Acres

      Prime Conroe land, ideal for development.
      2174 Farm To Market 3083 Rd, Conroe, TX 77304
      View Details
    • $1,295,000
      8.97 Acres

      Conroe Development Land: 8.97 Acres

      Prime Conroe land, unrestricted development.
      0 Semands Ave, Conroe, TX 77304
      View Details
    • Contact for pricing
      5.00 Acres

      Conroe Commercial Land - 5 Acres

      Prime 5-acre commercial lot, Loop 336 frontage.
      5 Acres Loop, Conroe, TX 77304
      View Details
    • Contact for pricing
      0.85 Acres

      Conroe Commercial Land - 0.85 Acres

      Prime Conroe location, high visibility, development ready.
      0 Longmire Rd, Conroe, TX 77304
      View Details
    • Contact for pricing
      19.58 Acres

      Conroe Commercial Land - 19.58 Acres

      Prime Conroe development land, excellent location.
      3083 Graystone Mnr Dr, Conroe, TX 77304
      View Details
    • Contact for pricing
      33.60 Acres

      Conroe Land: 33.6 Acres, 3 Parcels

      Prime Conroe land, ideal for mixed-use development.
      0 Sgt Ed Holcomb Blvd, Conroe, TX 77304
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      100,000 SF

      Conroe Medical Office Building

      High-Visibility Medical Office Space Available
      690 Loop 336, Conroe, TX 77304
      View Details
    • $15 SF/Yr
      8,968 SF

      Conroe Office Building For Sale

      8,968 SF Office/Medical Space, 2.1 Acres
      2101 Loop 336, Conroe, TX 77304
      View Details
    • $36 SF/Yr
      9,020 SF

      Greenway Village Retail Center

      Conroe Retail Space: 1.8k-5.7k SF Available
      1761 Loop 336, Conroe, TX 77304
      View Details
    • $21 SF/Yr
      49,999 SF

      Riverwood Court MOB: Conroe Office Space

      Class A Office Suites, Conroe, TX
      1020 Riverwood Ct, Conroe, TX 77304
      View Details
    • $24 SF/Yr
      4,006 SF

      Conroe Office Park Suites

      Prime Conroe Office Space, I-45 Access
      2912 Davis St, Conroe, TX 77304
      View Details
    • $2,050 /Mo

      Conroe Home with Modern Amenities

      Refined living near Lake Conroe with upscale finishes and amenities.
      2400-5 Montgomery Park Blvd, Conroe, TX 77304
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Tbd Fm 2854 Rd
    Conroe, TX 77304
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.