18462 Keenan Cut Off Rd Montgomery, TX 77316
Exceptional 1.536-acre commercial land parcel ideally situated on Keenan Cut Off Road in Montgomery, Texas, presents a remarkable investment opportunity. This prime location boasts convenient access to major thoroughfares, including proximity to FM 2854, a mere 3 miles from Lake Creek High School, 5 miles from FM 105, and approximately 11 miles from I-45. The property's strategic positioning within a rapidly growing area makes it exceptionally well-suited for a diverse range of commercial ventures, including the development of storage facilities or industrial buildings. The land itself is already cleared and level, significantly reducing preparation time and costs. Existing infrastructure includes on-site electricity, septic system, and a well, streamlining the development process. This ready-to-build lot offers significant potential for immediate development and strong long-term returns, making it an attractive proposition for discerning investors seeking a high-growth area. The asking price is $230,000. This is a rare opportunity to acquire a substantial commercial land holding in a thriving Texas community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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