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Property profile & analytics
OFF-MARKET
Land

SH 99 Fm 1485 @ Grand Pkwy New Caney, TX 77357

1,829,520 SF 38 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 38-acre commercial land parcel presents a unique investment opportunity in the rapidly expanding New Caney, Texas market. Situated at the intersection of FM 1485 and the Grand Parkway (SH 99), this property boasts approximately 1,700 feet of frontage on FM 1485, providing unparalleled visibility and accessibility. The unrestricted zoning allows for a wide range of commercial development possibilities, capitalizing on the area's significant growth trajectory. Located within the Huffman Independent School District, the site benefits from a highly-rated education system. The property's strategic location at an entrance/exit ramp to SH 99 ensures convenient access for businesses and customers. Surrounded by existing and new master-planned communities, this land parcel is ideally positioned to benefit from the ongoing development boom in one of the Houston metro area's fastest-growing markets. The total square footage is 1,829,520 square feet. This prime location offers exceptional potential for a variety of commercial ventures, making it an attractive investment for discerning developers and businesses seeking a foothold in this thriving area of Montgomery County, Texas. The property is located in Roman Forest, Texas, zip code 77357.

Property profile
Verified
Property type Land
Total area 1,829,520 SF
Lot 38 ac (1,655,280 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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