Listing Agency: Hunington Properties t***@hotmail.com Show Phone

Listed By: Todd Carlson · License #TX 531445

Source: Crexi

Added: Apr 10 Changed: Jul 21 Last Checked: Jul 23 at 1:51PM

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Investment Insights

Based on property information with market context.

This for-sale retail investment property is presented with a reported 7.87% cap rate and totals 59,236 SF.

The asset is located at 1906 N. Frazier St in Conroe, Texas (77301).

Key Highlights

• For‑sale retail property with a reported 7.87% cap rate
• Reported size: 59,236 SF
• Property type: retail

Property Analytics

Current Use

TXU Energy Payment ... Electric Utility Company Arandas Bakery #5 Bakery Taquerias Arandas 47 Restaurant Arandas sports bar Restaurant Planet Fitness Gym & Fitness Center

Suggested Use

Top Pick Real Estate Agency Storage Facility Cafe & Coffee Shop Hotel & Motel Acupuncture Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,773

Businesses Nearby

179k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 62% Shops & Services 21% Groceries 14% Electronics 1%

McDonald's Dining

31,941 visits/mo 0.4 miles

Fiesta Mart Groceries

24,964 visits/mo 0.5 miles

SONIC Drive In Dining

17,117 visits/mo 0.1 miles

Taco Bell Dining

14,072 visits/mo 0.5 miles

Burger King Dining

11,821 visits/mo 0.4 miles

Demographics for 77301, TX

35,923

Population

12,854

Households

2.8

Avg Household Size

32

Median Age

21%

College-Educated

75%

High-School Grad

20.2 sq mi

ZIP Area

1,778

Density / Sq Mi

$64,885

Median Household Income

$35,575

Median Earnings

$1,229

Median Rent

$193,500

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - For-sale retail property with a reported 7.87% cap rate.

Where is this retail space located?

The property is located at 1906 N Frazier St Conroe, TX.

What are key features of this property?

This property features: For‑sale retail property with a reported 7.87% cap rate; Reported size: 59,236 SF; Property type: retail