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Property profile & analytics
OFF-MARKET
Mixed-use properties

16557 Fm 1485 Rd Conroe, TX 77306

25 ac lot
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity awaits at the Former Running H Ranch, a sprawling 25-acre property nestled in Montgomery County, Texas, near Conroe (zip code 77306). This mixed-use land boasts stunning Caney Creek views and benefits from its location within a designated Opportunity Zone, presenting significant tax advantages for investors. The property features 350 feet of road frontage along FM 1485, providing excellent accessibility. Current agricultural exemption is in place, but removal may be negotiable. The existing structures, including a house (originally built in 1962, subsequently added to, and currently 693 sf), a pool, a six-stall horse barn, and other outbuildings, are sold "as is." A former dog grooming business building is also present. The property is suitable for a wide range of uses, including residential development, commercial ventures, or continued agricultural/ranch operations. The property is listed under the previous owner's name, Richard McCall, with an affidavit of heirship on file. Note that a seller's disclosure is not required due to the dwelling's value being less than 5% of the total property value. This is a unique chance to acquire a substantial land holding with diverse development potential in a high-growth area. Serious inquiries only.

Property profile
Verified
Property type Mixed-use properties
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
Current use
Occupant on record · Public records
  • Running H Ranch Animal Training
  • HARGRAVE MECHANICAL LLC General Contractor
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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