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Property profile

0 Pine Lake Rd Montgomery, TX 77356

OFF-MARKET
Lifestyle centers
1 ac lot
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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

Location

Pine Lake Rd Montgomery, TX 77356
Montgomery metro
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Value estimations

Realmo proprietary · 4 methods
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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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