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Property profile & analytics
OFF-MARKET
Land

14389 Fm 1485 Rd Conroe, TX 77306

6,160 SF 46.21 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 46.21-acre commercial property in Conroe, Texas, presents a unique investment opportunity. Boasting excellent frontage on high-traffic FM 1485, the land offers multiple access points via FM 1485, Nonesuch Road, and Brown Road. The property includes several existing buildings, a sizable office with a porch, and a substantial equestrian riding arena, providing immediate income potential or redevelopment options. Its strategic location is enhanced by the adjacency to a high-volume Dollar General store. The property is situated in an Opportunity Zone, offering significant tax advantages. Convenient access to major roadways is a key feature, with proximity to Hwy 242, FM 2090, and FM 3083. Furthermore, I-69 (Hwy 59) is just 13 minutes away, while Hwy 99 (Grand Parkway) is a 15-minute drive. Houston and George Bush Intercontinental Airport (IAH) are within a 30-minute commute. Adding to its versatility, there's an option for a 2.4-acre retail parcel cut-out at the northeast corner of FM 1485 and Nonesuch Road. The property's 6,160 square feet of existing building space, combined with its expansive acreage, makes it suitable for a wide range of commercial and residential uses. The Montgomery County location, with APN R233125, offers a compelling blend of rural charm and urban accessibility. The asking price is $5,998,950.

Property profile
Verified
Property type Land
Total area 6,160 SF
Lot 46.21 ac (2,012,908 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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