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Property profile & analytics
OFF-MARKET
Land

3083 Conroe Tx Conroe, TX 77303

1.13 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in Conroe, Texas. Located at the intersection of FM 1484 and FM 3083 in Montgomery County, this property boasts high visibility with over 800 feet of frontage on both roads. Multiple lot sizes are available, ranging from 1.13 to 2.20 acres, with prices per square foot ranging from $15 to $22. The property is ideally suited for a variety of commercial developments, including service stations, quick-service restaurants (QSRs), dollar stores, and other retail establishments. The site offers abundant parking, exterior patio and drive-thru options, and four points of ingress/egress. Infrastructure is complete, with public utilities and off-site detention already in place, making these shovel-ready sites perfect for immediate development. The location benefits from strong demographics, with a population of 3,541 within one mile, 41,331 within three miles, and 100,318 within five miles. Average household incomes within these radii are $91,930, $81,245, and $89,350 respectively. Furthermore, there are over 13,705 households within a 10-minute drive, and daily traffic counts exceed 26,000 vehicles. The property's proximity to the Conroe Convention Center and Conroe Airport (including a US Customs Office) provides additional traffic generators and enhances its overall appeal. Build-to-suit and land lease options are available with negotiable rates. This is a rare opportunity to acquire a well-located, fully-prepared commercial site in a rapidly growing area. Specific lot pricing includes: Lot 1 (1.43 acres) at $1,370,397, Lot 2 (1.13 acres) at $1,082,901, and Lot 4 (2.20 acres) at $1,437,480. The asking price for the entire property is $1,297,434.

Property profile
Verified
Property type Land
Lot 1.13 ac (49,223 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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