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Property profile & analytics
OFF-MARKET
Commercial real estate

2790 Fm 1488 Rd Conroe, TX 77384

1.56 ac lot
Entity Owned 8-yr Hold
Property ID
US83-2347372
Property summary
AI-generated overview

This exceptional 1.56-acre commercial land parcel presents a remarkable opportunity for development in the thriving Conroe, Texas market. Located at the Northwest corner of FM 1488 and Lake Lamond Road, this property boasts 150 feet of frontage on the heavily trafficked FM 1488, ensuring high visibility and accessibility. The lot encompasses 67,943 square feet of usable land, providing ample space for a variety of commercial ventures. While on-site detention is required, the property offers convenient access to existing utilities. Water and sewer services are provided via a well and septic system, while electrical service is readily available along FM 1488. Situated a mere 2.8 miles from Interstate 45, this location offers unparalleled connectivity to major transportation arteries, facilitating seamless commutes and efficient logistics. This prime location in Montgomery County, Texas, with its zip code 77384, presents an ideal investment opportunity for businesses seeking high visibility and convenient access to a bustling community. The property's strategic positioning and ample space make it an attractive prospect for a wide range of commercial developments.

Property profile
Verified
Property type Commercial real estate
Lot 1.56 ac (67,954 SF)
UPID US83-2347372
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Snk Ventures LLC · 8 yrs held
Snk Ventures LLC
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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