1913 Ed Kharbat Dr Conroe, TX 77301

Property Details for 1913 Ed Kharbat Dr

Lot size

12.09 lot acres

Property type

Commercial real estate

Description

This exceptional 12.085-acre commercial land parcel is strategically located at 1913 Ed Kharbat Drive in Conroe, Texas, within Montgomery County, zip code 77301. The property boasts approximately 614 feet of frontage on Kharbat Drive and is conveniently situated less than half a mile north of Loop 336 South, offering easy access to major transportation routes. City utilities are readily available. This site presents significant mixed-use development opportunities, benefiting from its location within Conroe's city limits and the CCO Tax Increment Reinvestment Zone #3. The property's value is further enhanced by its proximity to thriving retail developments, including the newly constructed 700,000+ square foot 336 Marketplace power center located five miles south, and the redeveloped Outlets at Conroe. The recent $17 million expansion of the Conroe-North Houston Regional Airport, contributing a $33 million economic impact, underscores the area's robust growth. Furthermore, the announcement of nearly 7,500 new homes in nearby The Woodlands Hills and Chambers Creek communities in 2019 indicates a strong residential expansion trend, creating increased demand for commercial services. The asking price for this remarkable opportunity is $1,677,000, with a land value of $2.49 per square foot.