Conroe, TX
$1,450,000
Self-Storage Development Opportunity in the rapidly growing City of Conroe, Texas.
This site includes 1.796 +/- acres with approx. 418 feet of frontage along Porter Road and 8,375 cars per day, as well as visibility from S Loop 336 with over 28,997 cars per day. Located next to the corner of Porter Rd and S Loop 336, this site is between the Valero gas station and Urban Oaks, a newer apartment complex.
This site has in place strong demographics with over 42,000 residents in 3 miles and AHHI of $103,252. The market area continues to see massive growth, with a population increase of 61.83% since the 2010 census, according to World Population Review. Major residential projects underway total over 11,500 housing units in various stages of development.
The proposed project includes a 3-story 95,700 GSF | 74,750 NRSF | 702 units of class A climate-controlled self-storage. The sale is contingent upon the Seller providing this fully site plan approved site with permits.
