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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

16410 Fm 1485 Rd Conroe, TX 77306

1,089,000 SF 25 ac lot Built 1968
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1968
Total area 1,089,000 SF
Lot 25 ac (1,089,000 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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