10332 Fm 1097 Willis, TX 77318
This exceptional 1.6-acre commercial and industrial land parcel presents a remarkable development opportunity. Strategically located along the rapidly expanding Willis/Lake Conroe corridor of FM 1097 in Willis, Texas (zip code 77318), this property boasts prime frontage on a newly completed five-lane highway and a county road. The site comprises six individual lots and includes three existing office buildings, offering flexibility for various uses. With approximately 460 feet of frontage on FM 1097 and approximately 460 feet of county road frontage, complete with established driveways and curb cuts, this location ensures high visibility and convenient access. Situated in Montgomery County, this land benefits from its position within the path of five new residential developments, guaranteeing a strong demographic base and high traffic counts. The property's ideal location provides easy access to a large customer base, making it suitable for a wide range of businesses, including but not limited to auto/boat sales and repair, retail establishments, business offices, childcare facilities, medical clinics, and more. This unique combination of visibility, accessibility, and existing infrastructure makes this a truly exceptional investment opportunity. The asking price is $1,800,000.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.