28726 Robinson Rd Conroe, TX 77385
This exceptional 9.85-acre property in Conroe, Texas, presents a remarkable investment opportunity. Located at 28726 Robinson Rd, this unrestricted land boasts 1450 feet of frontage on Robinson Road, offering unparalleled visibility and accessibility. Its prime location is just minutes from I-45 and The Woodlands, providing convenient access to major transportation arteries and a thriving community. The rectangular tract is ideally suited for various developments, including a business park, multi-family housing, or a smaller-scale project. Existing improvements include a newly renovated 1,814 square foot office/home featuring three bedrooms and two bathrooms, perfect for on-site management or immediate occupancy. Additionally, a 5,200 square foot commercial shop is present, complemented by a substantial 10,200 square foot concrete slab and two 25x100 awnings. The property is fully fenced with pipe fencing, enhancing security and providing a defined perimeter. Infrastructure benefits include three-phase power readily available at the road, further enhancing its development potential. The property's proximity to major roadways, including I-45 (approximately 1.8 miles), Hardy Toll Road (approximately 7 miles), and the Grand Parkway 99 (approximately 9 miles), ensures excellent connectivity and accessibility for residents and businesses. This versatile property offers a unique blend of existing structures and expansive land, making it an attractive proposition for a wide range of investors and developers. The asking price is $4,193,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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