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Property profile & analytics
OFF-MARKET
Lifestyle centers

0 Pine Lake Rd Montgomery, TX 77356

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional mixed-use development opportunity boasts 1-13 acres of land situated on Highway 105 West in Conroe, Texas, zip code 77356, within Montgomery County MUD 138. The property offers unparalleled waterfront access and stunning views of Lake Conroe. Its strategic location provides visibility and accessibility, making it ideal for a diverse range of commercial ventures. The site features a tiered elevation landscape and includes 11 pads ready for development. This property is perfectly positioned to capitalize on the significant residential growth in the area. The adjacent Pine Lake Cove subdivision, currently under construction by Meritage Homes, will add nearly 200 homes in Phase I, with plans for an additional 900+ homes in future phases. Potential uses include, but are not limited to, marina development with docks and boat ramps, restaurants and entertainment venues, retail and shopping centers, medical facilities, self-storage units, and multifamily residential buildings. This is a rare opportunity to acquire a substantial mixed-use property in a rapidly expanding market with exceptional lakefront appeal. The property's location in Montgomery County, Texas, ensures access to a thriving community and robust infrastructure.

Property profile
Verified
Property type Lifestyle centers
Lot 1 ac (43,560 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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