21192 Legion RdNew Caney, TX 77357

Property Details for 21192 Legion Rd

Year built

1970

Lot size

1.00 AC

Property size (Sq ft)

1,976 SF

Zone code

5

Property type

Office buildings

APN

9005-00-00200

APU

90050000200

Description

This exceptional 3.28-acre commercial property boasts excellent visibility and accessibility on I-69 and Legion Road in New Caney, Texas. The land is ideally suited for a variety of commercial uses, including retail, office, and medical facilities. Its strategic location offers easy access to Highway 59 and Highway 99, placing it within close proximity to significant amenities such as the Sallas Sports Complex, Valley Ranch Town Center, and Randall Reed Stadium. The property's proximity to the Grand Texas Theme Park (6.2 miles north) and Houston's Bush Intercontinental Airport (approximately 20 minutes away) further enhances its appeal. The site is served by New Caney MUD utilities. Two APNs are included: 9005-00-00100 and 9005-00-00200. This prime location presents a unique opportunity for developers seeking high-traffic exposure and a strong potential for return on investment. The property's versatility and strategic positioning make it an exceptional choice for businesses seeking a prominent presence in a rapidly growing area of Montgomery County. This is a rare opportunity to acquire a substantial parcel of land in a thriving commercial corridor.

• CAP approach

  CAP return

  Valuation

  6%

  $543,198

  6.5%

  $501,413

  7%

  $465,598

• Comparable approach

  Method

  Valuation

  Relative Method

  $373,226

  Geo Method

  $591,595

• Alternative Use

  Use

  Valuation

  Residential

  $621,752

  Hospitality

  $569,522

  Educational

  $473,836

  Medical

  $490,132

  Retail

  $737,078

Location Insight

City

New Caney

County

Montgomery

State

Texas

Latitude

30.1382

Longitude

-95.2276

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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