2790 Fm 1488 Rd Conroe, TX 77384
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.
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
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