Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10453 League Line Rd Conroe, TX 77304
    Back to Search
    Property profile & analytics

    10453 League Line Rd Conroe, TX 77304

    View on Map
    • Commercial real estate
    Off-Market
    Property ID
    US83-2574744
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 10453 League Line Rd

    Property type
    Commercial real estate

    Description

    This exceptional 12.7-acre parcel, situated at 10453 League Line Road in Conroe, Texas, presents a unique opportunity for residential development. Located in Montgomery County, zip code 77304, this property boasts an attractive 1.87% tax rate and access to city utilities. Its strategic location places it within the path of growth and in close proximity to The Woodlands Hills Master Planned Community, capitalizing on the area's expanding residential market. The site offers significant potential, with zoning allowing for up to 20 units per acre by right within the City of Conroe. This may represent the last remaining development site of this size available in the immediate area. Off-site detention is already provided, simplifying the development process and reducing upfront costs. The property's coordinates are 30.3725987 latitude and -95.5127044 longitude. This is a remarkable opportunity for developers seeking a prime location for a residential project in a thriving Texas community. All inquiries should be directed to the designated contact.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.5127044
    Latitude
    30.3725987

    Comparable in this City

    • Contact for pricing
      22.00 Acres

      Conroe, TX Development Land

      ±22 Acres, Prime Residential Location
      10594 League Line Rd, Conroe, TX 77304
      View Details
    • $2,780,000
      1,396 SF

      Lake Conroe Unrestricted Waterfront Acreage

      Unrestricted waterfront acreage on Lake Conroe ideal for development.
      844 Beach Walk Blvd, Conroe, TX 77304
      View Details
    • Contact for pricing

      3083 Graystone Manor Drive, Conroe, TX 77304

      Commercial land
      3083 Graystone Mnr Dr, Conroe, TX 77304
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      22.00 Acres

      Conroe, TX Development Land

      ±22 Acres, Prime Residential Location
      10594 League Line Rd, Conroe, TX 77304
      View Details
    • $2,780,000
      1,396 SF

      Lake Conroe Unrestricted Waterfront Acreage

      Unrestricted waterfront acreage on Lake Conroe ideal for development.
      844 Beach Walk Blvd, Conroe, TX 77304
      View Details
    • $385,000

      2.38-Acre Homesite in Teaswood

      Dream homesite with natural beauty, privacy, and refined amenities.
      7393 Teaswood Dr, Conroe, TX 77304
      View Details
    • $2,799,000
      25,417 SF

      Serenity Rose Estate Turnkey Campus

      25-acre turnkey campus with 10 buildings in Conroe, Texas.
      12244 Serenity Rose Dr, Conroe, TX 77304
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      1.30 AC Pad Site

      Commercial land for lease with high traffic exposure.
      1419 N Loop 336 W, Conroe, TX 77304
      View Details
    • Contact for pricing

      Conroe Freestanding Building for Lease

      8,968 SF building on 2.1 acres in Conroe, Texas.
      2101 S Loop 336 W, Conroe, TX 77304
      View Details
    • Contact for pricing

      New Office Construction For Lease

      2,000 sq ft office space available in Conroe, TX.
      2109 Maurel Dr, Conroe, TX 77304
      View Details
    • Contact for pricing
      359 SF

      Conroe Medical Plaza Office Space

      Office space available in Conroe Medical Plaza, Conroe, Texas.
      3251 Interstate 45 N, Conroe, TX 77304
      View Details
    • Contact for pricing
      70,135 SF

      Medical Building Near HCA Healthcare

      Outpatient medical building near I-45 and HCA Houston Healthcare.
      508 Medical Center Blvd, Conroe, TX 77304
      View Details
    • Contact for pricing

      Retail Space in Conroe, TX

      Retail location in master-planned Grand Central Park community.
      1761 S Loop 336 W, Conroe, TX 77304
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10453 League Line Rd
    Conroe, TX 77304
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10453 League Line Rd, Conroe, TX, 77304
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!