20688 Loop 494
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20688 Loop 494
5.35 Acres of Commercial Land Offered at £1,082,372 in New Caney, TX 77357
Investment Highlights
- Rapidly Expanding Area
- Close Proximity to I-69, 99 Grand Pkwy, Hwy 494 and 1485
- Additional 4.27 Available for Sale
- High Traffic Area
- New developments wthin the area include a Walmart Supercenter, several retail shops and fast food chains
- Substantial land area provides a versatile options for construction development
Executive Summary
The property at 20688 Loop 494 in New Caney, Texas, offers a substantial 5.35-acre tract of land, presenting a prime opportunity for development. Its strategic location provides excellent frontage on the high-traffic Loop 494, ensuring significant visibility and accessibility. The site offers easy access to Antique Lane, FM 1485, and I-69 (Hwy 59), enhancing its appeal for various development projects.
The property's versatility makes it suitable for residential, commercial, or mixed-use development, catering to a wide range of investment opportunities.
About the area
New Caney is an unincorporated area North of Houston and South of Conroe, TX, located within Montgomery County. New Caney is centered along the junction of Farm Road 1485 and Highway 59.
No restrictions for land use. One of the significant advantages of this property is that most of the land is cleared and level, allowing for a quick turnaround time for any development plans. Ideal location for various commercial real estate projects, including medical buildings, hotels, retail outlets, or industrial facilities.
The property's versatility makes it suitable for residential, commercial, or mixed-use development, catering to a wide range of investment opportunities.
About the area
New Caney is an unincorporated area North of Houston and South of Conroe, TX, located within Montgomery County. New Caney is centered along the junction of Farm Road 1485 and Highway 59.
No restrictions for land use. One of the significant advantages of this property is that most of the land is cleared and level, allowing for a quick turnaround time for any development plans. Ideal location for various commercial real estate projects, including medical buildings, hotels, retail outlets, or industrial facilities.
Property Facts
| Price | £1,082,372 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.35 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | £1,082,372 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.35 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | £1,082,372 | Lot Size | 5.35 AC |
| Price Per AC | £202,312 |
| Price | £1,082,372 |
| Price Per AC | £202,312 |
| Lot Size | 5.35 AC |
5.35 Acres is being offered For Sale. Additional 4.27 acres available to acquire up to 9.62 acres Wide frontage on Loop 494, 382 FT
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PROPERTY TAXES
| Parcel Number | 6240-00-00210 | Improvements Assessment | £672,830 |
| Land Assessment | £368,173 | Total Assessment | £1,041,003 |
PROPERTY TAXES
Parcel Number
6240-00-00210
Land Assessment
£368,173
Improvements Assessment
£672,830
Total Assessment
£1,041,003
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20688 Loop 494
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