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Property profile

Conroe TX 77306 Fm 2854 Rd Montgomery, TX 77316

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 15.12-acre commercial land tract presents a prime investment opportunity in Conroe, Texas. Located at 0 FM 2854 Rd, Conroe, TX 77316, this property boasts approximately 1,509 linear feet of frontage on Sgt. Ed Holcomb Blvd, situated at a traffic signal corner with FM 2854, ensuring high visibility and accessibility. The land, identified as Tract A, is part of a larger development and is zoned for commercial, industrial, and residential uses. With no city zoning restrictions, development options are flexible. The asking price is $4,281,076, translating to $6.50 per square foot. The property's substantial size (658,627 square feet) and strategic location within Montgomery County, Texas, a region experiencing significant economic and population growth (Conroe ranks 6th nationally in this area, with a 14.71% five-year population increase), make this a compelling investment. Utilities are already in place, streamlining the development process. The property's APN is 0289-02-00300. This is a rare chance to acquire a large, well-positioned tract in a thriving Texas market. Don't miss this opportunity to capitalize on Conroe's robust growth trajectory.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Conroe TX 77306 Fm 2854 Rd Montgomery, TX 77316
Montgomery metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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