9795 Fm 1097 Willis, TX 77318
This exceptional 17.941-acre tract presents a unique opportunity for mixed-use development in the rapidly expanding Willis, Texas market. Located at 9795 FM 1097, Montgomery County, this unrestricted property boasts 451 feet of frontage on FM 1097, providing excellent visibility and accessibility. Its strategic location offers proximity to major thoroughfares, including Interstate 45, placing it within easy reach of the greater Houston area and beyond. The property is situated within a thriving commercial corridor, surrounded by numerous established retail businesses, including national brands such as CVS, Kroger, Starbucks, and many more, all within a half-mile radius. The presence of an existing apartment complex across the street further underscores the area's strong residential demand. This prime location also benefits from its proximity to recreational amenities, including Lake Conroe and Lewis Creek Reservoir, enhancing its appeal to potential residents and businesses alike. The property features existing utilities and a septic/well system. The level grade land is heavily wooded, with the potential for timber sales. This versatile property is ideal for a variety of development scenarios, including multi-family residential, industrial business parks, or large-scale retail projects. Its location within the Willis Independent School District adds to its desirability. The property's convenient access to major transportation arteries, including the Port of Houston (approximately one hour away) and Dallas (approximately three hours away), further enhances its investment potential. APN: 0602-00-00100, 0602-00-00110. Zip code: 77318.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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