18810 Johnson RdConroe, TX 77385

Property Details for 18810 Johnson Rd

Year built

1990

Lot size

0.50 AC

Property size (Sq ft)

1,344 SF

Zone code

6

Property type

Turn key restaurants

APN

0350-16-07000

APU

3501607000

Description

This exceptional 2.57-acre commercial, industrial, and residential land parcel presents a unique investment opportunity in Conroe, Texas. Located at 18810 Johnson Rd, this property boasts a prime location near Tamika and Research Forest Roads, offering easy access to major thoroughfares. A significant portion (0.57 acres) directly fronts the Woodforest Bank Stadium, providing exceptional visibility and potential synergy with the stadium's activities. The land's zoning allows for a variety of development options, including warehouse facilities, industrial complexes, or mixed-use projects. The asking price is $1,395,000, translating to a land value of $12.46 per square foot. The property's proximity to rail access further enhances its appeal for businesses requiring efficient transportation solutions. This versatile site is ideal for developers seeking a high-impact project in a rapidly growing area of Montgomery County. The potential for significant return on investment makes this a compelling opportunity for discerning buyers. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a strategically located property with diverse development possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $543,110

  6.5%

  $501,332

  7%

  $465,523

• Comparable approach

  Method

  Valuation

  Relative Method

  $639,713

  Geo Method

  $1,013,998

• Alternative Use

  Use

  Valuation

  Residential

  $422,892

  Hospitality

  $387,367

  Educational

  $322,285

  Medical

  $333,369

  Retail

  $501,332

Location Insight

City

Conroe

County

Montgomery

State

Texas

Latitude

30.1821

Longitude

-95.4431

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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