Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2 Acres Loop Conroe, TX 77384

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2 Acres Loop Conroe, TX 77384

    View on Map
    • Land
    • 2.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2 Acres Loop

    Lot size
    2.00 lot acres
    Property type
    Land

    Description

    This exceptional commercial land offering in Conroe, Texas, presents a unique investment opportunity. The property encompasses 2 to 14 acres, boasting 755 feet of frontage along Loop 336 at a signalized intersection. This prime location offers unparalleled visibility and accessibility. The site's versatility allows for a wide range of development possibilities, including medical facilities, office buildings, retail centers, hospitality ventures, self-storage units, multi-family residences, and senior living communities. With 8.2 net usable acres, the property benefits from convenient access to city utilities provided by the City of Conroe, along with off-site detention. Its strategic location places it in close proximity to the vibrant Grand Central Park development and the Conroe Medical Center, while also offering easy access to Lake Conroe and The Woodlands. This presents a compelling opportunity to capitalize on the growth and development within this thriving area of Montgomery County. The asking price for this exceptional property is $4,299,000. The property's address is 2 to 14 Acres Loop 336, Conroe, TX 77384.

    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
    -95.4912
    Latitude
    30.2883

    Comparable in this City

    • Value Estimation by Request

      2520 Farm To Market Rd

      Land
      2520 Farm To Market Rd, Conroe, TX 77384
      View Details
    • Value Estimation by Request

      Koenig Ln

      Land
      0 Koenig Ln, Shenandoah, TX 77384
      View Details
    • Value Estimation by Request
      4.14 Acres

      Horseshoe Bnd

      Land • 4.14 Acres
      0 Horseshoe Bnd, Conroe, TX 77384
      View Details
    • Value Estimation by Request
      1.56 Acres

      2790 Fm 1488 Rd

      Land • 1.56 Acres
      2790 Fm 1488 Rd, Conroe, TX 77384
      View Details
    • Value Estimation by Request

      Nwq I-45 & Wellman Rd

      Land
      0 Nwq I-45 & Wellman Rd, Shenandoah, TX 77384
      View Details
    • Value Estimation by Request
      3.61 Acres

      I-45 Conroe

      Land • 3.61 Acres
      I-45 Conroe, The Woodlands, TX 77384
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale Conroe, TX

      Land available for sale in Conroe, Texas.
      TX-336 Loop Rd, Conroe, TX 77384
      View Details
    • Contact for pricing

      Conroe Land For Sale

      2.5 acres of land in Conroe, Texas for sale.
      14200 Horseshoe Bnd, Conroe, TX 77384
      View Details
    • Contact for pricing

      Unrestricted Land Parcel Near Woodlands

      45-acre unrestricted tract near Woodlands schools and future road expansion.
      14051 Old Conroe Rd, Conroe, TX 77384
      View Details
    • Contact for pricing

      Conroe Land on Loop 336

      Versatile land ideal for development in Conroe, Texas.
      2 Acres Loop, Conroe, TX 77384
      View Details
    • $7,840,800

      Unrestricted Land Near Woodlands Schools

      Large unrestricted tract near Woodlands schools with future road expansion.
      14051 Old Conroe Rd, Conroe, TX 77384
      View Details
    • Contact for pricing

      Conroe Land for Sale

      10.105 acres of commercial land with easy access.
      Loop Rd North, Conroe, TX 77384
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space for Lease

      Retail and restaurant spaces available for lease.
      3707 College Park Dr, Conroe, TX 77384
      View Details
    • Contact for pricing
      10,432 SF

      Medical Office Building For Rent

      Class A medical office building in The Woodlands, Texas.
      129 Vision Park Blvd, The Woodlands, TX 77384
      View Details
    • Contact for pricing

      Office Space for Sublease

      Office space available for sublease in The Woodlands, Texas.
      17521 St Lukes Way, The Woodlands, TX 77384
      View Details
    • Contact for pricing

      Office/Medical Building Near Woodlands

      75,000 SF office/medical building near The Woodlands Hospitals.
      128 Vision Park Blvd, Conroe, TX 77384
      View Details
    • $25 SF/Yr

      Retail Space for Lease

      Retail spaces available for lease with high traffic count.
      525 Woodland Square Blvd, Conroe, TX 77384
      View Details
    • Contact for pricing
      8,582 SF

      Healthcare Property in The Woodlands

      Healthcare property available for lease in The Woodlands, Texas.
      17521 St Way Luke's, The Woodlands, TX 77384
      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.
    2 Acres Loop
    Conroe, TX 77384
    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.
    Sign Up Successful!
    You now have access to more from Realmo!