Listed by CBRE - Houston Galleria
$1,278,270
1040-1080 Foster Drive
Details
Property Type Land
Sub Type Commercial
Price per SqFt $5
Acreage 5.870
1040-1080 Foster Drive, Conroe, TX 77301
Marketing description
5.87 Acres - Three Parcels Sold Together or Subdivided located at 1040-1080 Foster Drive, Conroe, TX 77301. The property consists of three tracts: a 1.91-acre western tract at 1040 Foster Dr, a 1.99-acre center tract at 1060 Foster Dr, and a 1.97-acre eastern tract at 1080 Foster Dr. Foster Drive sees 1,472 vehicles per day, and the site offers easy access to Interstate 45 via Loop 336.
Investment highlights
- Asking Price For 5.87 Acres: $5.00 PSF ($1,278,270)
- 1.91 acre western tract located at 1040 Foster Dr: $5.00 PSF ($416,435)
- 1.99 acre center tract located at 1060 Foster Dr: $5.00 PSF ($432,335)
- 1.97 acre eastern tract located at 1080 Foster Dr: $5.50 PSF ($472,450)
- Full City of Conroe utilities available
- Outside of the flood plain
- Minimal wetlands on the site
- No pipeline easements or drill sites on the property
- Easy access to Interstate 45 via Loop 336
- Site located near several established subdivsions in Conroe including Foster Glen, Woodsway, Foster Oaks, Val Woods, Cedar Creek, South Terrace & Southern Oaks
- Best Uses: Flex/Industrial, Self Storage, Retail Shopping Center, Car Wash, or C-store
- Located in CCO Tax Reinvestment Zone #3 (County Extension)
- Low Tax Rate: $1.91
Listing Contacts
Listed by CBRE - Houston Galleria
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