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Property profile

19941 Fm 1485 Rd New Caney, TX 77357

OFF-MARKET
Retail properties & Spaces
3,724 SF 2 ac lot
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Property summary

AI-generated overview

This exceptional 3,724 square foot retail property, situated on a 2-acre lot in New Caney, Texas, presents a lucrative investment opportunity. Located at 19941 FM 1485, this single-story building boasts excellent road frontage in a high-traffic, high-growth area, ensuring strong visibility and accessibility. The property features a fenced and gated entry, providing enhanced security. Renovated in 1999, the building includes separate and private offices, ideal for administrative functions or additional revenue streams. The interior space totals 3,724 square feet, complemented by 2,445 square feet of covered bays and canopies, perfect for automotive sales or service. Utilities are provided by New Caney MUD, and the property enjoys easy access to I-69 (Hwy 59) and is minutes from the Grand Parkway (Hwy 99). This versatile property is suitable for a variety of uses, including retail, office, auto sales, specialty shops, or mixed-use development. The asking price is $1,200,000, and owner financing is available, making this an attractive proposition for discerning investors. The property is located in Montgomery County, Texas, zip code 77357.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,724 SF
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

19941 Fm 1485 Rd New Caney, TX 77357
New Caney metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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