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Property profile & analytics
OFF-MARKET
Land

0 Fm 1488 Rd Conroe, TX 77382

73 ac lot
Property ID
Property summary
AI-generated overview

Exceptional 73-acre commercial land parcel in Magnolia, Texas, presents a significant investment opportunity for developers and investors. Located on FM 1488, this expansive property boasts 2,056 feet of frontage, strategically positioned in the Thousand Oaks area between The Woodlands and Magnolia. The land is described as clean and level, free from floodplain restrictions, and comes with a letter confirming water and utility service availability. This substantial acreage offers considerable potential for diverse commercial, industrial, or residential development. While the seller will not subdivide the property, the substantial size allows for significant flexibility in development plans. The property's prime location and readily available utilities make it an attractive prospect for large-scale projects. A virtual tour is available online for a detailed visual inspection. The asking price for this exceptional property is $15,000,000. The Montgomery County property features a 77382 zip code. The APN is available via a provided online virtual tour link.

Property profile
Verified
Property type Land
Lot 73 ac (3,179,880 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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