511 Alana Ln Spring, TX 77386
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.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.