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00 Loop 336
About This Property
Prime Development Opportunity
Don't miss this exceptional opportunity to acquire approximately 40 unrestricted acres at a high-traffic commercial corner in rapidly growing Conroe, Texas.
Boasting an Annual Average Daily Traffic count of more than 31,000 vehicles.
No zoning restrictions, offering exceptional flexibility for development.
Priced at $4.40/s. ft.
With its strategic location, high traffic counts, unrestricted use, and proximity to city utilities, this property presents a rare opportunity for commercial, residential, or mixed-use development.
Located in one of the nation's fastest-growing cities, Conroe continues to experience tremendous population and economic growth, making this an ideal location for investors and developers looking for long-term potential.
Opportunities of this size and location don't come along often. Contact us today for additional information and to explore the possibilities!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2026 | Listed by HomeLand Properties, Inc | $7,666,560 | |
| Listed by HomeLand Properties, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017