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Property profile & analytics
FOR SALE
Commercial real estate

12824 Highway 105 W Conroe, TX 77304

35.94 ac lot
Property ID
US83-2299738
Property summary
AI-generated overview

This exceptional 35.94-acre commercial property, located at 12824 Highway 105 West in Conroe, Texas, presents a unique investment opportunity. Situated near shopping centers and adjacent to the West Fork of the San Jacinto River, this expansive parcel offers a blend of accessibility and natural beauty. The property currently includes a warehouse and pavilion, providing flexibility for various uses or potential repurposing. Architectural drawings are available for a 55+ community, encompassing an assisted living facility, golf course, and nature trails leading to the river. This detailed plan offers a strong foundation for a vibrant senior living development. The land is ideal for residential redevelopment, multi-family housing, or assisted living facilities, providing ample space for a large-scale project. Importantly, the property has passed two Texas Commission on Environmental Quality (TCEQ) inspections, ensuring environmental compliance. Priced at $2,575,000, this property offers significant potential for growth and return on investment within the thriving Conroe market. The combination of prime location, existing structures, approved development plans, and environmental compliance makes this a truly remarkable opportunity. This is a chance to create a thriving community while capitalizing on Conroe's continued expansion.

Property profile
Verified
Property type Commercial real estate
Lot 35.94 ac (1,565,546 SF)
UPID US83-2299738
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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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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