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Property profile & analytics
OFF-MARKET
Mixed-use properties

16940 Fm 1097 Willis, TX 77378

Property ID
Property summary
AI-generated overview

This exceptional 9.9-acre property in Willis, Texas, presents a unique investment opportunity. Located on FM 1097E in Montgomery County, this unrestricted land boasts a substantial 2468 square foot pier and beam home. The existing structure offers significant flexibility; it could easily be repurposed into office space, providing immediate income potential, or renovated for residential use. The property's unrestricted nature allows for a wide range of development possibilities, making it ideal for various ventures. The expansive acreage provides ample space for future expansion or the creation of additional structures. Situated in the 77378 zip code, this property offers convenient access to local amenities and transportation routes. With its combination of existing building and vast land area, this property is a rare find, offering both immediate usability and significant long-term potential. The asking price is $699,900. Serious inquiries are encouraged.

Property profile
Verified
Property type Mixed-use properties
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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