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Property profile & analytics
OFF-MARKET
Turn key restaurants

18810 Johnson Rd Conroe, TX 77385-5006

1,344 SF 0.5 ac lot Built 1990
Individually Owned 4-yr Hold Free & Clear
Property ID
US83-2312090
Property summary
AI-generated overview

This exceptional 2.57-acre commercial, industrial, and residential land parcel presents a unique investment opportunity in Conroe, Texas. Located at 18810 Johnson Rd, this property boasts a prime location near Tamika and Research Forest Roads, offering easy access to major thoroughfares. A significant portion (0.57 acres) directly fronts the Woodforest Bank Stadium, providing exceptional visibility and potential synergy with the stadium's activities. The land's zoning allows for a variety of development options, including warehouse facilities, industrial complexes, or mixed-use projects. The asking price is $1,395,000, translating to a land value of $12.46 per square foot. The property's proximity to rail access further enhances its appeal for businesses requiring efficient transportation solutions. This versatile site is ideal for developers seeking a high-impact project in a rapidly growing area of Montgomery County. The potential for significant return on investment makes this a compelling opportunity for discerning buyers. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a strategically located property with diverse development possibilities.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1990
Total area 1,344 SF
Lot 0.5 ac (21,780 SF)
Zoning code 6
APN 0350-16-07000
UPID US83-2312090
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
Current use
Occupant on record · Public records
  • Hideaway Pitstop and Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Barron H Miller · 4 yrs held
Barron H Miller
since 2021
3 recorded transactions
2021
Price N/A
2005
Price N/A
2004
Price N/A
Zoning & alternative use
6 · Conroe, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Development Guide
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