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    13939 Old Texaco Rd Conroe, TX 77302

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    For Sale
    $2,300,000

    22,220 SF industrial facility with 7.6% cap rate.

    Property size:
    22,220 SF
    Lot size:
    2.48 Acres

    Property Features for 13939 Old Texaco Rd

    General Information

    Size
    22,220 SF
    Lot size
    2.48 Acres

    Source: Arrowstar Realty Agent Robert Graham

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

    Overview

    Conroe Industrial Investment Opportunity

    This 22,220 square foot industrial and manufacturing facility is situated on 2.5 acres. The property features a 9,000 square foot warehouse, a 7,200 square foot warehouse, and a 4,800 square foot covered canopy that can be enclosed between the two buildings. The property also includes 1,220 square feet of office space, consisting of two offices, a restroom, and a kitchenette. The property is located along the northwest line of Old Texaco Road, just southwest of FM 3083 in Conroe, Texas. The property has a 7.6% cap rate and a net operating income of $174,000. A three-year lease was signed on June 30, 2023.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Southern Fab & Supports ... Welder

    Suggested Use

    Building Supply Hotel & Motel HVAC Service Bar & Pub Furniture Store Electronics Store Bed & Breakfast Home Appliance Store Plumbing Service Tailor Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.36422
    Latitude
    30.259035

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    FAQs

    What type of property is this?
    Manufacturing property - 22,220 SF industrial facility with 7.6% cap rate.
    Where is this manufacturing property located?
    The property is located at 13939 Old Texaco Rd Conroe, TX.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - 7.6% Cap Rate and $174,000 NOI; - 3 Year Lease signed on June 30, 2023; - 22,220 SF Industrial/Manufacturing Facility
    (936) 672-2087
    Request Owner's contact information
    13939 Old Texaco Rd Conroe, TX 77302
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    Conroe, TX 77302
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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
    13939 Old Texaco Rd Conroe, TX 77302
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