16410 Fm 1485 Rd Conroe, TX 77306
This exceptional 25-acre property in Conroe, Texas, presents a unique investment opportunity. Boasting 1,089,000 square feet, the land features three existing buildings, including a stall barn, three carports, and three storage sheds, all built in 1968 and renovated in 2007. The property also includes two ponds and two riding arenas, adding to its versatility. Its prime location offers excellent frontage on FM 1485, with convenient access to Highway 242 (currently undergoing expansion), I-69 (Highway 59), and FM 1314. The property's proximity to Houston and George Bush Intercontinental Airport (IAH) further enhances its appeal. Situated in a designated Opportunity Zone and high-growth area, this land offers significant potential for income-producing development. The nearby Grand Texas Theme Park, located just six miles north, adds to the area's vibrant and expanding commercial landscape. The property's APN is 0419-00-01330 and is zoned for commercial, farm, and residential uses. This versatile property is ideal for a variety of development projects, capitalizing on its strategic location and existing infrastructure. The single-story buildings are situated on a 25-acre lot within Montgomery County, Texas, zip code 77306.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.