0 - Specialty FOR SALE


Montgomery, TX 77316
$3,950,000 USD
832-981-3156
0, Montgomery, TX for Sale
$3,950,000 USD
Specialty - FOR SALE
1/36
null | Request Cap Rate

0
Montgomery, TX 77316


HIGHLIGHTS

  • Performing event venue investment or business opportunity with a variety of high-quality improvements and a beautiful natural setting.
  • Irreplaceable natural features, including a beautiful 300+ year old oak tree and a +4-acre stocked pond.
  • Well-maintained facilities include a corral, a reception barn, a sales office, an admin office, a two-story farmhouse, and a two-story apartment.
  • Easily accessible for regional and out-of-town guests, with proximity to Highway 105 and convenient connections to Highway 249 and Interstate 45.
  • Houston ranked #7 nationally for wedding frequency in 2024, with over 39,600 events driving a total economic impact of over $1.5 billion.

OVERVIEW

Pine Lake Ranch offers a prime investment or business opportunity to acquire a vibrant 25-acre event venue with beautiful event spaces, great supporting infrastructure, and a well-connected location in Montgomery at 1951 S Pine Lake Road. This popular venue is the perfect acquisition to make a mark on Houston’s lucrative wedding and events industry. Pine Lake Ranch is a well-known fixture of the regional events market, with many successful events and a 4.7-star Google rating with over 200 reviews. This one-of-a-kind property is enhanced by a stunning 300+ year-old oak tree and a stocked +4-acre lake, providing a truly unique setting for weddings, parties, corporate events, live music, and community gatherings. Existing improvements at the property include a corral, a reception barn, a sales office, an administrative office, a two-story farmhouse, and a two-story apartment, as well as lush, rolling green spaces surrounded by serene woods. There is also a dedicated bridal house with a prep room equipped with studio lighting and a full makeup bar, along with an oversized groom’s corral with a TV, a pool table, and a private outdoor space. The indoor spaces can house as many as 250 guests, with multiple outdoor options for larger events. Inviting clients from across the greater region, Pine Lake Ranch is easily accessible, just 2 miles off Highway 105, which links conveniently with Highway 249 and Interstate 45. These major thoroughfares connect the property to Downtown Houston in 51 miles, and the George Bush Intercontinental Airport in 41 miles, enhancing the appeal for traveling guests. Greater Houston offers a highly valuable market for weddings and event hosting, home to over 7.8 million residents with a median household income of more than $69,000. The MSA ranked seventh nationally for wedding frequency in 2024, with over 39,600 weddings and a total market value of more than $1.5 billion, according to Wedding Report. Embrace success with this rare investment or business acquisition of Pine Lake Ranch, providing a highly rated event venue with irreplaceable natural features and a well-connected location in one of the most valuable US wedding markets. Reach out to the Venue Enterprises team to schedule a tour and discover this incredible destination.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$304 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Momentum Investments, LLC

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

25 AC

LAND SF

1,089,000 SF

ZONING

-

APN/PARCEL ID

0003-01-03425

ASK ABOUT THIS PROPERTY

Troy SambranoVenue EnterprisesMore Info
832-981-3156

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Troy SambranoVenue EnterprisesMore Info
832-981-3156

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.