Property profile

0 Ed Kharbat Dr The Woodlands, TX 77380

OFF-MARKET
Land
17 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 17 ac (740,520 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Ed Kharbat Dr The Woodlands, TX 77380
The Woodlands metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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