12244 Serenity Rose Dr Conroe, TX 77304
For Sale
$2,799,000
25-acre turnkey campus with 10 buildings in Conroe, Texas.
Property Size25,417 SF
Price / SF$110.12
Days on Market124
Property Features for 12244 Serenity Rose Dr
General Information
- Standard status
- Active
- Property type
- Wedding venues, Commercial land, Other hospitality properties, Specialty properties, Land, Hospitality properties
- Size
- 25,417 SF
- Sale Condition
- 1031 Exchange
- Investment Type
- Owner User
Building Details
- Year Renovated
- 2018
- Buildings
- 10
Listing Agency:
(713) 510-3570
Listed By:
(713) 510-3570
Added: Mar 24
Changed: Jun 8
Investment Insights
Based on property information with market context.
Key Highlights
- Serenity Rose Estate // 25 Acre Turnkey Campus
- 10 Buildings
- 25,417 SF of Buildings
Financial Insights For Hotel Hospitality
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 | $343.1k | $13.50 |
| − Vacancy | −$25.7k | −$1.01 |
| EGI | $317.4k | $12.49 |
| − OpEx | −$166.6k | −$6.56 |
| NOI | $150.8k | $5.93 |
25,417 SF · lease $13.50/SF/yr · vacancy 7.50% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$2.15M
$1.88M – $2.51M
NOI $150,763 @ 7.0% cap · market cap 5.39%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.42M
$5.61M – $7.49M
NOI $449,161 @ 7.0% cap · market cap 16.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Serenity Rose Farm, ...
Church
FAQs
What type of property is this?
Wedding venue - 25-acre turnkey campus with 10 buildings in Conroe, Texas.
Where is this wedding venue located?
The property is located at 12244 Serenity Rose Dr Conroe, TX.
What is the asking price?
The asking price for this property is $2,799,000.
What are key features of this property?
This property features: Serenity Rose Estate // 25 Acre Turnkey Campus; 10 Buildings; 25,417 SF of Buildings
