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Property profile & analytics
OFF-MARKET
Commercial real estate

20241 Sams Hill Rd New Caney, TX 77357

3.33 ac lot
Property ID
US83-2587000
Property summary
AI-generated overview

This exceptional 3.33-acre commercial land parcel in New Caney, Texas (77357), offers a prime investment opportunity. Located on State Highway 99's frontage road, the property boasts 230 feet of frontage and direct highway access. Currently envisioned for a convenience store with expanded forecourt, large-format retail, and integrated fast-food, this versatile site is zoned for commercial use and adaptable to a range of developments, including retail, hospitality, or mixed-use projects. An independent market study (IMST report available) projects strong performance, estimating average monthly in-store sales of $202,444 and fuel sales of 137,181 gallons. Utilities are available. The asking price is $2,000,000, translating to approximately $12.63 per square foot. This location in Montgomery County presents a compelling opportunity for significant return on investment. Don't miss this chance to acquire a highly visible and strategically positioned commercial property in a rapidly growing area.

Property profile
Verified
Property type Commercial real estate
Lot 3.33 ac (145,055 SF)
UPID US83-2587000
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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