Current Use by Public Records
- Retail properties & Spaces
Property Details for 1431 Fm 3083 Rd
- Lot size
- 2.00 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
This exceptional 2-acre commercial property, situated at the intersection of FM 3083 and SH Loop 336 in Conroe, Texas (zip code 77301), presents a unique mixed-use investment opportunity. The property includes a 1-story, 3-bedroom, 1-bathroom house, offering potential for immediate income generation as a rental or conversion to office space. Its prime location offers easy access to I-45 (5.4 miles) and SH 336 Loop (700 feet), catering to a variety of commercial ventures. The property is zoned for opportunity, allowing for diverse development options such as storage units, an RV park, a restaurant, or a strip center. Existing infrastructure includes city water and sewer, and electricity. A well is also present on the property, though its functionality is unverified. The seller confirms the property is not located within a flood plain. This investment benefits from Conroe's robust growth, boasting a 14% population increase since 2020, a median age of 33.7 years, and an average household income exceeding $87,043. Additional features include approximately 1,584 square feet of adaptable flex/office space, a 2.07 tax rate, and convenient access via a Texas Department of Transportation entrance. The property is located in an Opportunity Zone. This is a rare chance to capitalize on Conroe's thriving market and secure a valuable asset in a high-growth area. Asking price is $500,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Conroe
- County
- Montgomery
- State
- Texas
- Longitude
- -95.4011
- Latitude
- 30.3076
