2564 I-45New Waverly, TX 77358

Property Details for 2564 I-45

Year built

2006

Lot size

31.94 AC

Property size (Sq ft)

2,442 SF

Property type

Land

Property subtype

Industrial properties

Description

This exceptional 31.94-acre commercial property boasts 920 feet of frontage on I-45 South in New Waverly, Texas, zip code 77358, Walker County. The land, which is currently zoned for commercial, industrial, and residential use, offers unparalleled access and visibility due to its location near the recently completed new southbound exit ramp. Strategically positioned between The Woodlands, Conroe, Willis, Huntsville, and New Waverly, and in close proximity to Lake Conroe, this property benefits from a strong regional economy and significant population growth. Nearby developments include the ExxonMobil corporate headquarters, Texas Grand Ranch, The Woodlands Hills (a master-planned community of approximately 4,600 homes), Moran Ranch, and Chambers Creek (a 55+ residential community). The property is surrounded by Sam Houston National Forest and Lake Conroe, providing a unique blend of natural beauty and commercial potential. The site includes a completely fenced perimeter with a wrought iron fence and gate, a winding concrete drive leading to two existing homes (one Heights style, the other a log home with an elevator, to be removed), a stocked pond with a bridge and gazebo, and a 4,800 square foot building. According to current FEMA FIRM maps and a recent Category 1A condition L.L. survey, the property is not located in a floodplain. The property is also currently designated as agricultural exempt. Potential uses are diverse and include luxury RV parks, retail developments, corporate retreats, single-family residential, multi-family housing, or industrial facilities. The asking price is $2,587,140, with a land value of $2.08 per square foot. The property's legal description is Marsh R (a-373), Tract 2.5. Owner financing may be available.

Location Insight

City

New Waverly

County

Walker

State

Texas

Latitude

30.572

Longitude

-95.5401

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