19415 Fm 1485 RdNew Caney, TX 77357

  • Other commercial real estate
  • 5,578 SF
For Sale
$485,000 View listing

Property Details for 19415 Fm 1485 Rd

Year built
1984
Lot size
0.46 AC
Property size (Sq ft)
5,578 SF
Zone code
5
Property type
Other commercial real estate
APN
3238-00-00900
APU
32380000900

Description

This exceptional mixed-use property in New Caney, Texas, presents a compelling value-add investment opportunity. Located at 19415 FM 1485, Montgomery County, zip code 77357, this 20,000 square foot lot boasts two buildings currently operating as a licensed daycare center. The daycare is currently serving 20 children, with a licensed capacity of 80, indicating significant growth potential. The property includes two playgrounds and benefits from its location in a rapidly growing area with numerous new homes and businesses. The existing daycare infrastructure provides a strong foundation for continued operation and expansion, while the property's mixed-use zoning allows for diverse development options, including residential and office space. Built in 2003, the property offers approximately 2,000 to 4,000 square feet of building space. The property's current utilization as a daycare, coupled with its location in a thriving community, presents a unique opportunity for investors seeking a value-add investment with immediate cash flow and significant upside potential. The property's strategic location and existing infrastructure make it an ideal candidate for expansion and diversification, catering to the growing demand for childcare, residential, and office space in the area. The property is currently participating in a NCI/Workforce program. With targeted marketing and operational updates, profitability can be significantly enhanced. This is a rare opportunity to acquire a well-positioned mixed-use property in a high-growth market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,755,129
    Hospitality
    $1,607,689
    Educational
    $1,337,578
    Medical
    $1,383,580
    Retail
    $2,080,678
19415 Fm 1485 Rd, New Caney, Texas

Location Insight

City
New Caney
County
Montgomery
State
Texas
Latitude
30.1655
Longitude
-95.2331
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,060
$60,000
$169,392
$229,392
-
$60,000
$169,392
$229,392

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