Conroe TX Anderson Rd Conroe, TX 77304
This exceptional 8-acre commercial land tract in Conroe, Texas, presents a prime investment opportunity. Located on Anderson Road, off Sgt. Ed Holcomb Boulevard, this property boasts approximately 1,619 linear feet of road frontage, offering excellent visibility and accessibility. Situated in a rapidly growing area, Conroe ranks 6th nationally in economic and population growth, with a remarkable 14.71% five-year population increase. Montgomery County, where the property is located, also shows strong economic performance, ranking 30th nationally for annual GDP and business growth. This Tract C parcel is one of three available, and its location adjacent to a multi-story medical office building further enhances its appeal. Utilities are already in place, simplifying development for any investor. The property is unzoned, allowing for diverse development possibilities. The asking price is $1,655,000. The property's APN is 0289-02-0030. This is a rare chance to acquire land in a thriving Texas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.