20131 Fm 1485 RdNew Caney, TX 77357

Property Details for 20131 Fm 1485 Rd

Year built

1986

Lot size

1.47 AC

Property size (Sq ft)

660 SF

Zone code

5

Property type

Commercial real estate

APN

0308-02-00510

APU

3080200510

Description

This exceptional 3.004-acre commercial property, located at 20131 FM 1485 in New Caney, Texas (77357), presents a unique investment opportunity. The site boasts 130,836 square feet and features excellent FM 1485 frontage, ensuring high visibility and accessibility. Situated in an Opportunity Zone, this high-growth area benefits from substantial traffic volume. Utilities are provided through New Caney MUD. The property's strategic location offers proximity to key amenities, including a new Walmart Supercenter, Grand Texas Theme Park (within 4 miles), Valley Ranch Town Center (3 minutes away), and easy access to I-69 (Hwy 59) and Grand Parkway (Hwy 99). Commuting to Houston and George Bush Intercontinental Airport is also convenient, estimated at 18 minutes. An existing warehouse (2,873 sq ft) built in 1962 is also on the property. The property's APN is 0308-02-00510, 0308-02-05100. Ideal for QSR, fast food, storefront, or other retail commercial uses. This property offers significant potential for development and strong returns.

• CAP approach

  CAP return

  Valuation

  6%

  $205,623

  6.5%

  $189,806

  7%

  $176,249

• Comparable approach

  Method

  Valuation

  Relative Method

  $124,661

  Geo Method

  $197,597

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $384,349

  Retail / Commercial

  $195,005

  Mixed-Use / Specialty

  $192,664

  Hospitality / Lodging

  $139,210

  Office

  $189,806

  Institutional / Educational

  $199,705

  Residential Income

  $233,655

  Multifamily

  $289,353

  Automotive / Energy

  $171,176

  Parking / Income-Based Land

  $60,696

  Restaurant / Food Service

  $96,695.30

  Healthcare / Senior Housing

  $199,261

Location Insight

City

New Caney

County

Montgomery

State

Texas

Latitude

30.1562

Longitude

-95.2241

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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