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    Property profile & analytics

    Fm 1488 Rd Conroe, TX 77382

    • Land
    • 73.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Fm 1488 Rd

    Lot size
    73.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.6666
    Latitude
    30.2228

    Comparable in this City

    • Value Estimation by Request
      4,809 SF

      6900 Lk Woodlands Dr

      GARDEN APT, COURT APT (5+ UNITS) • 4,809 SF
      6900 Lk Woodlands Dr, The Woodlands, TX 77382-2836
      View Details
    • Value Estimation by Request
      105,005 SF

      12190 Br Xing Dr

      MINI-WAREHOUSE, STORAGE • 105,005 SF
      12190 Br Xing Dr, The Woodlands, TX 77382-2667
      View Details
    • Value Estimation by Request
      10,828 SF

      10100 Br Xing Dr

      WAREHOUSE, STORAGE • 10,828 SF
      10100 Br Xing Dr, Spring, TX 77382
      View Details
    • Value Estimation by Request
      3.71 Acres

      Spring, TX 77382

      COMMERCIAL (GENERAL) • 3.71 Acres
      Spring, TX 77382
      View Details
    • Value Estimation by Request
      140,384 SF

      10777-10807 Kuykendahl Rd

      Restaurants • 140,384 SF
      10777-10807 Kuykendahl Rd, The Woodlands, TX 77382
      View Details
    • Value Estimation by Request
      320 SF

      Grand Regency Cir

      COMMERCIAL (GENERAL) • 320 SF
      Grand Regency Cir, Spring, TX 77382
      View Details

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    Similar Nearby for Lease

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    Fm 1488 Rd
    Conroe, TX 77382
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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