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OFF-MARKET
Specialty properties

17171 Fm 1097 Willis, TX 77378

Property ID
Property summary
AI-generated overview

This exceptional 5.5-acre property in Willis, Texas, presents a unique investment opportunity. Comprising two parcels with over 750 feet of frontage on FM 1097, this unrestricted land boasts excellent visibility and accessibility. Situated in a designated Opportunity Zone, the property offers significant potential for diverse development projects. Currently unimproved and partially wooded, the land provides a flexible canvas for residential, commercial, or mixed-use ventures. Its strategic location offers convenient access to major transportation arteries, including Interstate 45, just 12 minutes away. Nearby communities include New Waverly (10 minutes), Conroe (22 minutes), and Livingston (45 minutes), with Houston approximately an hour away. The property's size and location make it ideal for developers seeking a prime site in a rapidly growing area of Texas. The land is available for lease as a single tenant property, offering a blank slate for a customized development plan. The existing natural setting provides an attractive backdrop for a variety of projects, capitalizing on the area's expanding population and economic growth. This is a rare opportunity to acquire a substantial land parcel with significant development potential in a highly desirable location. The address is 17171 FM 1097, Willis, TX 77378.

Property profile
Verified
Property type Specialty properties
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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