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Property profile & analytics
OFF-MARKET
Commercial real estate

511 Alana Ln Spring, TX 77386

2.31 ac lot
Property ID
US83-2446000
Property summary
AI-generated overview

This exceptional ±2.31-acre property, located at 511, 514 & 523 Alana Ln, Spring, TX 77386 (Montgomery County), presents a unique investment opportunity for developers and end-users. Situated near the intersection of I-45, The Grand Parkway, and Woodlands Parkway, this infill tract boasts unparalleled access to major thoroughfares. The property's strategic location places it in close proximity to the Woodlands Mall, the Exxon Campus in Spring, and a wealth of big-box retailers, businesses, and dining establishments. Currently zoned as Neighborhood Business District, the land offers diverse development potential, including general business, industrial, residential, and office uses. Existing improvements include a 4,000 square foot metal warehouse and two single-family homes. Utilities are readily available through the City of Oak Ridge North. The property's convenient location, versatile zoning, and existing structures make it an attractive proposition for a variety of uses. The parcel includes multiple APNs: 0350-80-02003; 7625-00-02500; 7625-00-02400; 7625-00-02300; 7625-00-02200. The property is served by the Conroe Independent School District. This is a rare opportunity to acquire a significant land holding in a high-growth area.

Property profile
Verified
Property type Commercial real estate
Lot 2.31 ac (100,624 SF)
UPID US83-2446000
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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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