5-acre development site strategically positioned directly 4 properties down from the frontage of TX-99 (Grand Parkway) where the freeway feather will be constructed. Rare opportunity to secure a large development site in an Opportunity Zone before completion of major Highway 99 infrastructure upgrades. Strong visibility, traffic exposure, and access make this an ideal play seeking long-term appreciation in one of East Montgomery County’s fastest-growing corridors. Ideal for multifamily, mixed-use, or commercial development. Major planned upgrades to Highway 99 will further enhance accessibility and long-term value. Position now ahead of full Grand Parkway build-out and appreciation. All offers welcome. Additional 11.36-acre tract available strategically located directly at the frontage of TX-99 Grand Parkway where the freeway feather will be constructed, offering prime commercial development potential for $4,900,000, MLS #14983150 - 32130 Cypress Hollow Drive.
Estimated 80%+ chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 111° expected this year, 24 days in 30 years
8/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
New Caney, TX • 77357
Average low and high temperatures (°F)
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64
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90
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87
62
76
56
68
49
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Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 23% for direct sun exposure in New Caney. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 0 Fm 1485
$454,388
$45K under list price of $499K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $260K to $434K.