SH 99 Fm 1485 @ Grand Pkwy New Caney, TX 77357
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.