Property profile

511 Alana Ln Spring, TX 77386

OFF-MARKET
Land
Property ID
US83-2446000
2.31 ac lot
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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 Land
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

Location

511 Alana Ln Spring, TX 77386
Spring metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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