CBRE marketing 673-acre parcel in Conroe Willis area

By: Emily Fraser
| Published 09/19/2014

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CONROE, Texas -- CBRE announces the exclusive marketing assignment for Moran Ranch, a 673-acre parcel of land just north of the Houston Metroplex in Willis and Conroe, Texas.

The site is primed for a master-planned residential development, with a park-like setting and abundance of rolling topography and hardwoods. Its proximity to major new commercial developments in North Houston and frontage and visibility to four major thoroughfares offer convenience and opportunity for Houston’s northward growth and expansion.

The site features approximately two miles of frontage along Interstate 45, as well as high visibility and access to FM 1097, FM 830 and Highway 75. It is 17 miles from The Woodlands Mall and 22 miles from the ExxonMobil campus under development.

“As the surrounding area continues to expand laterally, development opportunities closer to the newly-improved highway now support decreased traffic times for area commuters, particularly those to the new ExxonMobil campus who should enjoy shorter drive times if residing closer to Interstate 45. As new residents continue to settle further north along Interstate 45, demand for new communities, attractions and amenities will soon follow,” said Darin Gosda, Senior Vice President with CBRE.

With city utilities and drainage outfall, a Tax Increment Reinvestment Zone (TIRZ) in place, and a majority of the parcel being outside undevelopable floodplains or wetlands, the property is essentially development ready. Additional features include beautiful, rolling topography, indigenous hardwoods and pine plantations, and a large lake and creek, which traverses the site.

Darin Gosda, Jazz Hamilton, Alex Makris, and W. Gaines Bagby, with CBRE, are representing the Moran Ranch ownership.