5.22 Robinson Rd Conroe, TX 77385
This exceptional 5.22-acre unrestricted land parcel presents a remarkable investment opportunity in Conroe, Texas. Boasting approximately 750 feet of frontage on Robinson Road, this rectangular tract offers unparalleled versatility. Its prime location provides convenient access to major thoroughfares, including Interstate 45 (approximately 1.8 miles away), the Hardy Toll Road (approximately 7 miles), and the Grand Parkway 99 (approximately 9 miles), ensuring excellent connectivity. The property's suitability extends to a diverse range of uses, including a business park, multi-family housing development, or smaller-scale projects. The site is enhanced by existing three-phase power at the roadside and is fully enclosed by pipe fencing. This well-maintained property is situated minutes from The Woodlands, offering a desirable location for both commercial and residential ventures. An additional 4.63 acres is also available, increasing the combined frontage to approximately 1450 feet, presenting even greater development potential. This is a rare opportunity to acquire a sizable, strategically located tract of land in a rapidly growing area. The asking price for this exceptional property is $1,890,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.