Located south of Cinema Star Grill Theatre, Target, Home Depot, and Hastings retail centers. Just blocks away from historic Downtown Conroe, Texas. Excellent topography and drainage. Expanding area near I-45 and Lake Conroe. The property has 139.24 feet of frontage on I-45 Frontage Road, 416.94 feet of frontage on FM 2854, and 588.78 feet of frontage on Hicks Street. New driveway to be constructed. The Annual Average Daily Traffic (AADT) for I-45 (Total annual traffic divided by 365): 119,000 cars (2012) and AADT for FM 2854: 8,200 cars (2012). Please note that the billboard sign on the property is available by separate purchase ($600,000). Rental income is approximately $3,200/month. Permit requires two occupants on the property.
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