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    Conroe Office Building For Sale Title is generated by Realmo AI

    5452 W Davis Street, Conroe, TX

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    19,466 SF office building available in Conroe, Texas.

    Type:OFFICE
    Property size:
    19,466 SF
    Lot size:
    2.11 Acres
    Price / SF:
    $223/SF
    Added:
    Dec 1, 2023
    Days on Market:
    927
    Last Refresh:
    May 20 at 9:40 pm

    Property Features for 5452 W Davis Street

    General Information

    Standard status
    Active
    Size
    19,466 SF
    Lot size
    2.11 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Ross Foldetta
    Ross Foldetta

    Listing agent Ross Foldetta License #0514192

    Listing office Foldetta, LLC

    Listing date Dec 1, 2023

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Foldetta, LLC

    HighLights

    • 19,466 SF office building
    • Located in Conroe, Texas

    Overview

    This is a 19,466 square foot office building located in Conroe, Texas. The property is suitable for office use.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $390.1k $20.04
    − Vacancy −$85.8k −$4.41
    EGI $304.3k $15.63
    − OpEx −$76.1k −$3.91
    NOI $228.2k $11.72
    19,466 SF · lease $20.04/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $3.26M
    $2.85M – $3.80M (±1% cap)
    NOI $228,208 @ 7.0% cap · market cap 5.25%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $4.91M
    $4.30M – $5.73M (±1% cap)
    NOI $343,997 @ 7.0% cap · market cap 7.91%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Alamo Title Company Title Company Jobe Systems Corporate Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.5201
    Latitude
    30.3409

    FAQs

    What type of property is this?
    Office building - 19,466 SF office building available in Conroe, Texas.
    Where is this office building located?
    The property is located at 5452 W Davis Street Conroe, TX.
    What is the asking price?
    The asking price for this property is $4,350,000.
    What are key features of this property?
    This property features: 19,466 SF office building; Located in Conroe, Texas
    (281) 844-6568 Call to check price and availability
    More about this property
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