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18810 Johnson Rd - 2.57 Acres Johnson Rd - Near Research Forest 2.57 Acres of Commercial Land Offered at $1,395,000 in Conroe, TX 77385

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INVESTMENT HIGHLIGHTS

  • Near Railroad line
  • Lots of new development
  • Industrial Use

EXECUTIVE SUMMARY

Property: 2.57 acres at 18810 Road, Conroe, TX?77385
Key attributes to highlight:
Commercial Use & Key Development Opportunity
Location: Conroe / 77385 — a market area experiencing growth.
Access / frontage: (Assuming frontage on Road and proximity to future road extension) — potential major upgrade in connectivity.
Market Opportunity & Strategic Advantage
The proximity to major roads and highways makes such acreage parcels increasingly desirable for residential buyers and developers.
Connectivity Upgrade: David?Memorial?Drive Extension north to SH242 is in process.
Specifically: The roughly one-mile extension of David?Memorial Drive to Highway 242 was approved and start construction has started.
A project details listing indicates construction of a ~1-mile extension of David?Memorial Drive with cost approximate $8.56?million, for road, bridge, paving, storm etc.
Benefit: Once completed, this extension will provide improved access and visibility for parcels in the vicinity, reduce travel times to SH?242/I-45 corridor, and increase attractiveness for both homesites and potential higher-density residential.
Generous Lot Size: Spanning 2.57 acres, providing ample space for various development possibilities.
Proximity to I-45: Located near major roadways, ensuring convenient access to the greater Houston area.
Utility Infrastructure: Benefit from the ongoing $21 million project to bring water and sewer services to the Tamina community, enhancing the area's infrastructure .
Road Improvements: The Tamina Road Congestion Improvement Project aims to enhance traffic flow and safety, including adding left-turn lanes and bike lanes, which will improve access to the property .
Community Development: The Westwood Magnolia Parkway Improvement District (WMPID) is actively working on infrastructure projects in the area, including road expansions and stormwater management, contributing to the region's growth .

PROPERTY FACTS

Price $1,395,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Distribution
  • Planned Unit Development
  • Retail Warehouse
Total Lot Size 2.57 AC

1 LOT AVAILABLE

Lot 1-5

Price $1,395,000
Price Per AC $542,801.56
Lot Size 2.57 AC

2.57 Acres at 18810 Johnson Rd, Conroe, TX 77385 – Prime Land Near Tamika Rd Connectivity Upgrade: David?Memorial?Drive Extension north to SH242 is in process. Utility Infrastructure ongoing $21 million project to bring water and sewer to location

  • Listing ID: 24382937

  • Date on Market: 10/28/2021

  • Last Updated:

  • Address: 18810 Johnson Rd, Conroe, TX 77385

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