Property profile

150 Plum Grove Rd New Caney, TX 77357

OFF-MARKET
Commercial land
Property ID
US82-Q067529
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Property summary

AI-generated overview

PROPERTY HIGHLIGHTS • In rapidly developing area less than half a mile south of the newly finished Grand Parkway extension, with access off of the Huffman Cleveland Road exit • Located less than a mile north of Los Pinos subdivision and the new Saint Tropez lagoon community, both under construction with over 4,000 residential lots coming in 2023; only a mile from Santa Fe Subdivision with over 20,000 residential lots currently under construction • Utilities nearby; located in close proximity to Plum Creek Freshwater Supply District No. 1, and Plum Creek Management District • Property not located in flood plain, per FEMA maps • Excellent location with +/- 1,250 feet of frontage on Plum Grove Road Located only about 400 feet south of the future proposed FM 1485 extension, and only about 800 feet north of the future proposed Plum Grove Road extension and widening • Situated in Harris County and Huffman ISD; Total tax rate for 2021: $2.01 per $100 of assessed value

Property profile

Verified
Property type Commercial land
UPID US82-Q067529

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

150 Plum Grove Rd New Caney, TX 77357
New Caney metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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