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Property profile & analytics
OFF-MARKET
Land

I-45 And Teas Nursery Rd Conroe, TX 77304

60 ac lot
Property ID
Property summary
AI-generated overview

Exceptional 60-acre commercial land opportunity in Conroe, Texas, situated at the high-traffic intersection of I-45 and Teas Nursery Road. This prime parcel is part of the 115-acre Conroe Waterfront Center, a master-planned mixed-use development in the thriving north Houston submarket. The property boasts excellent visibility and accessibility to major thoroughfares, with utilities readily available. Its natural landscape provides a beautiful setting for a variety of commercial uses, including office, medical, restaurant, hospitality, and retail establishments. The location benefits from adjacency to Conroe Market Place, a successful retail power center anchored by national retailers such as Kohl's, Ashley Furniture, Old Navy, and PetSmart, ensuring high foot traffic and brand synergy. This development features several recently completed and ongoing road construction projects, further enhancing accessibility and visibility. This is an unparalleled chance to establish a thriving business in a rapidly growing area with strong existing infrastructure and a vibrant retail environment. The property is located in Montgomery County, Texas, with a zip code of 77304.

Property profile
Verified
Property type Land
Lot 60 ac (2,613,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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