16875 Fm 1314th Rd Conroe, TX 77302-4843
This 2.4-acre commercial/industrial land parcel boasts prime frontage on FM 1314 in Conroe, Texas, a rapidly growing city within the Houston-The Woodlands-Sugar Land metropolitan area. The property's strategic location offers easy access to major thoroughfares including SH 242, Grand Parkway 99, and US 59, providing excellent connectivity to Houston and surrounding areas. Existing structures on the site present a unique opportunity for repurposing into retail, office, or mixed-use spaces, catering to the area's expanding population and diverse economy. The property is situated near numerous new developments and established neighborhoods, ensuring high visibility and potential for strong tenant demand. While some restrictions apply, this location offers significant potential for investors and developers seeking a foothold in one of the fastest-growing cities in the US. Conroe itself offers a vibrant community with a diverse economy, encompassing manufacturing, healthcare, retail, and tourism. Residents and visitors enjoy access to Lake Conroe, parks, golf courses, and a thriving downtown area. The property's proximity to The Woodlands and downtown Conroe further enhances its appeal, providing convenient access to amenities and a strong workforce. This exceptional location presents a rare opportunity to capitalize on Conroe's continued growth and development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
1 · Conroe, TXCosts & 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.