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Property profile & analytics
OFF-MARKET
Retail space

383 Robinson Rd Conroe, TX 77385

3.2 ac lot Built 2021
Entity Owned 7-yr Hold Free & Clear
Property ID
US83-2377372
Property summary
AI-generated overview

This exceptional 3.2-acre commercial land parcel in Conroe, Texas, presents a remarkable investment opportunity. Located at 383 Robinson Rd, this property is situated at the corner of Hanna and Robinson Roads, offering excellent visibility and accessibility. The land is divisible into approximately 1-acre pad sites, providing flexibility for various development projects. Ideal for retail, office, flex, medical, or mixed-use developments, this site boasts all utilities available and is conveniently located near Interstate-45, ensuring easy access to major transportation routes. The land value is priced between $15 and $18 per square foot. This prime location is within a desirable business park, surrounded by established neighborhoods, schools, and numerous amenities, making it an attractive destination for businesses and consumers alike. The property's strategic positioning and versatile zoning potential make it an exceptional opportunity for investors seeking high-growth potential in a thriving Texas market. The 77385 zip code further underscores the desirability and convenience of this location within Montgomery County. This offering represents a rare chance to acquire a substantial land holding in a rapidly developing area with significant upside potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2021
Lot 3.2 ac (139,523 SF)
APN 7642-00-00300
UPID US83-2377372
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
Robinson 383 Industrial LP · 7 yrs held
Robinson 383 Industrial LP
since 2018
2 recorded transactions
2018
Price N/A
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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