Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1326 Fm 3083 Rd Conroe, TX 77303
    Back to Search
    Property profile & analytics

    1326 Fm 3083 Rd, Conroe, TX 77303

    View on Map
    • Land
    • 11.70 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1326 Fm 3083 Rd

    Lot size
    11.70 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 11.7-15.3 acre tract in Conroe, Texas, presents a compelling investment opportunity. Strategically located on the recently expanded four-lane FM 3083, this property boasts convenient access to I-45 (3.5 miles) and Loop 336 (0.25 miles). Across from Conroe Park North Industrial Park, a 1,656-acre development housing major companies, this site offers significant potential. The property includes completed entitlements, such as survey, topography, TXDOT driveway permit, full civil construction drawings, and preliminary plat approval for a 100,000 square foot industrial park. Utilities are available on-site, and the land is situated outside the flood plain. An additional 3.6 acres with dual access on Loop 336 is also available. The asking price is $2,550,438, with owner financing a possibility. The land value is $5-$6 per square foot. This property is ideal for developers seeking a prime location in a thriving industrial corridor with excellent infrastructure and access to a robust workforce. The property's location offers proximity to numerous retail and restaurant options, enhancing its appeal. APN numbers are 0002-01-00330 & 0002-01-00147. The address is 1326 N FM 3083 Rd E, Conroe, TX 77303.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.4313
    Latitude
    30.3441

    Comparable in this City

    • Value Estimation by Request
      13.00 Acres

      Tx-105

      Land
      0 Tx-105, Cut and Shoot, TX 77303
      View Details
    • Value Estimation by Request
      14.87 Acres

      19160 Fm 1484 Rd

      Land
      19160 Fm 1484 Rd, Conroe, TX 77303
      View Details
    • Value Estimation by Request

      15653 Williams Rd

      Land
      15653 Williams Rd, Conroe, TX 77303
      View Details
    • Value Estimation by Request
      3.88 Acres

      11483 Old Highway 105

      Self storage facilities
      11483 Old Highway 105, Conroe, TX 77303
      View Details
    • Value Estimation by Request
      2.63 Acres

      Hilltop Dr

      Land
      0 Hilltop Dr, Conroe, TX 77303
      View Details
    • Value Estimation by Request
      31.38 Acres

      11192 Fm 1484 Rd

      Land
      11192 Fm 1484 Rd, Conroe, TX 77303
      View Details

    Similar Nearby for Sale

    • $450,000

      Land Parcel Subdivision Potential

      Land available for sale, subdivision potential.
      16868 Fm 1484 Rd, Conroe, TX 77303
      View Details
    • $689,800

      Unrestricted Wooded Land in Conroe

      9.72+/- acre wooded property near I-45 with unrestricted use.
      7.827+/- Acres Meador Rd, Conroe, TX 77303
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,224,498 SF

      Conroe Warehouse with Cross-Dock

      1,224,498 SF cross-dock building divisible to 300,000 SF.
      1375 Conroe Park Dr West, Conroe, TX 77303
      View Details
    • Contact for pricing

      Industrial Warehouse Built to Suit

      Proposed industrial warehouse space for lease near major highways.
      3705 Hilltop Dr, Conroe, TX 77303
      View Details
    • Contact for pricing
      10,000 SF

      Conroe Warehouse Space Available

      10,000 square foot warehouse space for rent in Conroe.
      1209 Farm To Market Rd 3083, Conroe, TX 77303
      View Details
    • Contact for pricing
      1,600 SF

      Conroe Flex Space For Lease

      3,200 SF flex space with highway access in Conroe.
      512 Bryant Rd, Conroe, TX 77303
      View Details
    • Contact for pricing

      Future Retail/Office/Flex Space Available

      Lease opportunity in Conroe, TX for future construction.
      1601 N Loop 336 E, Conroe, TX 77303
      View Details
    • Contact for pricing
      10,000 SF

      Conroe Warehouse Space For Lease

      10,000 SF warehouse space available for lease in Conroe, TX.
      1209-1215 Fm 3083 Rd, Conroe, TX 77303
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1326 Fm 3083 Rd
    Conroe, TX 77303
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1326 Fm 3083 Rd, Conroe, TX, 77303
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!