21603 Fm 2854 Rd Montgomery, TX 77316
This exceptional 1.9-acre commercial property in Montgomery, Texas, presents a remarkable investment opportunity. Located at 21603 FM 2854 Rd, 77316, this unrestricted land boasts over 350 feet of road frontage, offering unparalleled visibility and accessibility. Built in 2009, the property features a single-story structure previously utilized as a successful BBQ restaurant and more recently as a rental venue. Its versatile design and existing infrastructure provide a solid foundation for a variety of commercial ventures. The property's prime location offers easy access to downtown Montgomery (just 5 minutes away) and the popular Lake Conroe. Its proximity to the new Fairwater Development further enhances its appeal and potential for future growth. The possibilities are vast, ranging from a gas station or boat storage facility to an RV park or the continuation of its use as a rental venue. This 100% ownership opportunity is further enhanced by the availability of an additional 20+ acres of adjoining land, providing significant expansion potential. Don't miss this chance to acquire a highly desirable commercial property with exceptional versatility and growth potential in a thriving Texas community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & 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.