20688 Loop 494 New Caney, TX 77357
This exceptional 5.35-acre commercial land parcel, located at 20688 Loop 494 in New Caney, Texas (Montgomery County, zip code 77357), presents a compelling investment opportunity. The property, identified by APN 6240-00-00210, is offered for sale at $1,340,000. Its strategic location offers unparalleled access to major transportation arteries, including close proximity to I-69, Grand Parkway 99, Hwy 494, and Hwy 1485, ensuring high visibility and convenient access for potential businesses and residents. The area is experiencing rapid expansion, making this land ideally suited for a variety of development projects. Whether the vision is residential, commercial, or a mixed-use development, the substantial acreage provides ample space for significant growth and profitability. No lease options are currently available; the property is offered for owner-user purchase. This is a rare chance to acquire a substantial land holding in a thriving Texas market. The property's high-traffic location and development potential make it an attractive investment for those seeking to capitalize on the region's continued growth.
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
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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.