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0 HWY 242 TBD Hwy 242 Hwy - 9 Acres Hwy 242 9.5 Acres of Commercial Land Offered at $3,102,592 CAD in Conroe, TX 77302

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INVESTMENT HIGHLIGHTS

  • Transferable Timber AG exemption for potential tax benefits.
  • Strategic location near major thoroughfares and expanding communities.
  • High-traffic corridor between I-45 and US 59.

EXECUTIVE SUMMARY

Sale Narrative
Positioned along State Highway 242, this 9-acre tract offers a rare opportunity in one of Montgomery County’s fastest-growing corridors. Located just east of Old Houston Road, the property benefits from exceptional visibility and frontage on SH 242—a heavily traveled thoroughfare connecting Interstate 45 and US 59. This strategic location places the site at the center of rapid residential and commercial expansion, making it ideal for retail, mixed-use, or future development projects.
The surrounding area is experiencing significant growth, fueled by new master-planned communities, retail centers, and infrastructure improvements. With strong traffic counts and easy access to major highways, the property ensures high exposure and convenient connectivity for future users. The current Timber AG exemption is transferable, offering potential tax advantages for investors during the holding period.
Conroe continues to attract businesses and residents alike, supported by a robust economy, proximity to The Woodlands, and a thriving population base. This tract provides developers and investors with a prime position to capitalize on the momentum of this dynamic market.

PROPERTY FACTS

Price $3,102,592 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Mixed Use
  • Hospitality
  • Auto Dealership
  • Distribution
  • Hotel
  • Industrial Park
  • Master Planned Community
  • Retail Warehouse
  • Storefront, Retail or Office
  • Warehouse
Total Lot Size 9.50 AC
Cross Streets Old Houston Road
Opportunity Zone Yes

1 LOT AVAILABLE

Lot 22

Price $3,102,592 CAD
Price Per AC $326,588.68 CAD
Lot Size 9.50 AC

Prime 9-acre tract on SH 242 in Conroe, TX, just east of Old Houston Rd. High-traffic corridor between I-45 and US 59 with rapid residential and commercial growth. Transferable Timber AG exemption.

DESCRIPTION

Located just east of Old Houston Road, the property benefits from exceptional visibility and frontage on SH 242—a heavily traveled thoroughfare connecting Interstate 45 and US 59. This strategic location places the site at the center of rapid residential and commercial expansion, making it ideal for retail, mixed-use, or future development projects.

  • Listing ID: 38594926

  • Date on Market: 2025-11-28

  • Last Updated:

  • Address: 0 HWY 242 TBD Hwy 242 Hwy, Conroe, TX 77302

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