0 Ed Kharbat Dr, The Woodlands, TX 77380
This ±17-acre commercial land parcel is situated on Ed Kharbat Drive in Conroe, Texas, between Foster Drive and Loop 336 South, just 1.8 miles east of I-45. The property boasts approximately 120 feet of frontage on Kharbat Drive and is less than 0.5 miles south of Loop 336 North. Located within Conroe city limits, this site offers significant mixed-use commercial development potential. It benefits from its location in the CCO Tax Increment Reinvestment Zone #3, providing potential tax advantages. Nearby amenities include the newly constructed Conroe 336 Marketplace, a 211,677 square foot power center located 5 miles south, and the Conroe-North Houston Regional Airport (formerly Lone Star Executive Airport), only 6.5 miles away. While a portion of the property falls within the 100-year floodplain and floodway (per FEMA), city utilities are available. The asking price is $1,184,135, with a land value of $1.60 per square foot. This presents a unique opportunity for investors and developers seeking a strategically located commercial property in a rapidly growing area.
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.