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0 State Highway 242 - 1.29+AC Land Hwy 242 1.3 Acres of Commercial Land Offered at $1,195,000 in New Caney, TX 77357
INVESTMENT HIGHLIGHTS
- Excellent Frontage
- Heavily Traveled Corridor
- High Growth Area
EXECUTIVE SUMMARY
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
| Price | $1,195,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | |
| Sale Condition | Lease Option | Total Lot Size | 1.30 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | Commercial | ||
| Price | $1,195,000 |
| Sale Type | Owner User |
| Sale Condition | Lease Option |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.30 AC |
| Opportunity Zone |
Yes |
| Zoning | Commercial |
1 LOT AVAILABLE
Lot
| Price | $1,195,000 | Lot Size | 1.30 AC |
| Price Per AC | $922,067.90 |
| Price | $1,195,000 |
| Price Per AC | $922,067.90 |
| Lot Size | 1.30 AC |
1.3+/- acre of prime commercial land in a high-growth area on the heavily traveled Hwy 242 corridor offers approximately 316+/- feet of frontage on Hwy 242, site is adjacent newly built McDonalds, Easy access to I-69 (Hwy 59)
DESCRIPTION
This 1.3+/- acre of prime commercial land in high-growth area on the heavily traveled Hwy 242 corridor offers approximately 316+/- feet of frontage on Hwy 242, with easy access to I-69 (Hwy 59) and adjacent to a newly built McDonalds. Offsite detention and utilities provided by East Montgomery County MUD 4. This site is ideal for various commercial ventures business types like Retail-Office, Bank, Medical Facility, Coffee / Donut Shops, QSRs or Restaurants looking to tap into the thriving East Montgomery County market. Situated near popular attractions: The Food Zone, Speedsportz Raceway Park, Big Rivers Water/Gator Bayou Adventure Park and residential developments this property is perfect for businesses. Hwy 99 (Grand Pkwy)- 5.5 miles, IAH Bush Airport 15 miles, Downtown Houston- 30 Mins
PROPERTY TAXES
| Parcel Number | 0552-01-00136 | Improvements Assessment | $0 (2025) |
| Land Assessment | $451,630 (2025) | Total Assessment | $451,630 (2025) |
PROPERTY TAXES
Presented by
0 State Highway 242 - 1.29+AC Land Hwy 242
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