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    27316 Spectrum Way Conroe, TX

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    For Sale
    Contact for pricing

    23,380 SF flex space with income potential.

    Property size:
    23,380 SF
    Lot size:
    1.35 Acres

    Property Features for 27316 Spectrum Way

    General Information

    Size
    23,380 SF
    Lot size
    1.35 Acres

    Source: SVN | J. Beard Real Estate – Greater Houston Agent Jeff Beard, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spectrum Way Investment Opportunity

    The property at 27316 Spectrum Way, Conroe, TX, offers an investment opportunity with a total of 23,380 square feet of gross leasable area. Constructed in 2014, the property is situated on 1.34 acres. It features two buildings: one with 17,000 square feet of office space and another with 6,380 square feet of industrial space. The property includes quality tenants and in-place income with a weighted average lease term (WALT) of 4.5 years. There is upside potential in 8,000 square feet of available office lease space. The surrounding area includes a mix of retail, commercial, industrial, and residential developments. Its location provides convenient access to major thoroughfares such as I-45, Hardy Toll Road, and TX-99. The property benefits from the economies of The Woodlands and Oak Ridge North area, positioning it for long-term appreciation.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Accounting Firm Grocery Store HVAC Service Garden Center Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.3311652
    Latitude
    30.2123622

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    FAQs

    What type of property is this?
    Flex space - 23,380 SF flex space with income potential.
    Where is this flex space located?
    The property is located at 27316 Spectrum Way Conroe, TX.
    What are key features of this property?
    This property features: - Excellent owner-user or investment opportunity with quality tenants and in-place income.; - Weighted Average Lease Term (WALT) of 4.5 years provides stable income.; - Upside potential with 8,000 SF of available office lease space.
    (281) 367-2220
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    27316 Spectrum Way Conroe, TX
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    27316 Spectrum Way Conroe, TX
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