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14051 Old Conroe Rd - Prime land for development
60 Acres of Commercial Land Offered at $22,054,602 CAD in Conroe, TX 77384
Investment Highlights
- FRONT DOOR ALONG OLD CONROE ROAD WHICH IS PROPOSED TO BE A 4-LANE 120' ROW ROAD
- ONE OF THE LAST REMAINING PARCELS OF THIS SIZE NOT CONTROLLED BY HOWARD HUGHES THAT CORRESPONDS TO THE WOODLANDS SCHOOLS.
- WATER AND SEWER AVAILABLE VIA MUD DISTRICT
- THE TRACT WILL ADJOIN A FUTURE CONROE ISD ELEMENTARY SCHOOL- WOODLANDS FEEDER SCHOOL OPENING FALL 2025
- OLD CONROE ROAD EXTENSION IS ESTIMATED TO START IN 2026
- MINIMAL 500 YEAR FLOOD PLAIN ALONG THE NORTHERN BOUNDARY
Executive Summary
This 5-60± acre tract is one of the last remaining unrestricted parcels of this size located along Old Conroe Rd corridor. This tract corresponds to sought-out Woodlands schools and it also adjoins a future elementary school site that was just sold to Conroe ISD. Located just 3 miles north of FM 1488 along Old Conroe Rd, this land sits in a strategic location as there are recently approved plans for funding to extend Old Conroe Rd from FM 1488 to Loop 336. When complete, the project will connect Sgt. Ed Holcombe Blvd and Old Conroe Rd with a bridge of the West Fork of the San Jacinto River and Lake Creek. The expansion will cut through the subject property and will create needed mobility for all of the growth that the area has recently received from new residential & commercial developments along the corridor including River’s Edge (DR Horton), Fosters Ridge (Legend Homes), Marcel Town Center and the Cottage Green to name a few. The Tract has good drainage to the north of the site and utilities are available via adjoining MUD, but will need to be annexed.
Property Facts
Price | $22,054,602 CAD | Property Subtype | Commercial |
Sale Type | Investment or Owner User | Proposed Use | |
No. Lots | 1 | Total Lot Size | 60.00 AC |
Property Type | Land |
Price | $22,054,602 CAD |
Sale Type | Investment or Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 60.00 AC |
1 Lot Available
Lot
Price | $22,054,602 CAD | Lot Size | 60.00 AC |
Price Per AC | $367,577 CAD |
Price | $22,054,602 CAD |
Price Per AC | $367,577 CAD |
Lot Size | 60.00 AC |
The land can be sub-divided.
Description
TRACT CAN BE DIVISIBLE
PROPERTY TAXES
Parcel Number | 0019-00-00400 | Improvements Assessment | $0 CAD |
Land Assessment | $40,973 CAD | Total Assessment | $40,973 CAD |
PROPERTY TAXES
Parcel Number
0019-00-00400
Land Assessment
$40,973 CAD
Improvements Assessment
$0 CAD
Total Assessment
$40,973 CAD
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14051 Old Conroe Rd - Prime land for development
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