This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Land Property is no longer advertised on LoopNet.com.

9025 Highway 242
Conroe, TX 77385
Hwy 242 & Hollow Oaks · Land For Sale · 1.87 AC

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Hotel
  • Medical
  • Motel
Total Lot Size 1.87 AC
Zoning 6 - Unrestricted

DESCRIPTION

Prime 6 parcel of land 1.38 acres with 415 sqft of frontage on FM-242 area. Excellent for Medical Plaza,Strip Centre-Hotel/Motel and upmarket restaurants. This property is in two sections as indicated on the survey. The first section is the main property at 1.38 acres 60,113 ft off Hwy 242 that provides 407 feet of frontage. The second section is befinde the main portion across the street from the main property at 0.4862 acres 21,179 ft. Total of 1.8662 acres and 81,292 feet. This property is located in the expanding area of what is now called The Woodlands Medical Center under development now, and the growth of business and professional office buildings. There is becoming a great demand for housing, medical and professional office space, retail, restaurant, and hotel accommodations. HOUSING; Across Hwy 242 is a residential housing project under construction with homes starting at an average price of $280.000 and up. (Harpers Preserve) There is a need for senior living quarters in The Woodlands. Off Hwy 1488 there are a number of luxury apartments but very few are for the 55 plus senior class. Golden opportunity to own these six parcel of land in the most upcoming area of The Woodlands-Spring and Conroe area. Opposite to the new Methodist Hospital coming. MEDICAL AND PROFESSIONAL OFFICE SPACE; With the big businesses that are moving into the area office space is becoming high in demand. More corporate companies and professional entities are buying up office space at an alarming rate. The need for medical office space and clinics are in high demand. Under construction is the New Children's Hospital near by the subject property, and the New Methodist Hospital under construction right down the street from subject property. In addition there is St Lukes hospital, Memorial Herman, M.D.Anderson Cancer, and The Conroe Regional Medical Center. A huge CVS store is under construction just East of the subject property in addition to a Walgreens Pharmacy planned for construction in the near future. RETAIL; Along with the business and population growth comes the need for more retail strip centers, department stores, and shopping franchises. From the location of the subject property going East is a development for a local grocery chain called HEB.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 9160-01-03840
  • 9160-01-07500
Land Assessment
$952,434
Improvements Assessment
$0
Total Assessment
$952,434
  • Listing ID: 3826249

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 9025 Highway 242, Conroe, TX 77385

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}