12824 Highway 105 W Conroe, TX 77304
For Sale
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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.
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
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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.