303 Longmire Rd, Conroe, TX 77304
Office condominium in a gated community with eight private offices, a conference room, two kitchenettes, and dedicated parking.
Property Features for 303 Longmire Rd
General Information
Additional Details
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Investment Insights
Based on property information with market context.
The property is located within a secure, gated community in Conroe, with convenient access to I-45 and the surrounding amenities of The Woodlands area, including dining and shopping.
Offered as a turnkey office solution, the layout is flexible for a range of professional and administrative uses.
Key Highlights
- Office condo in the Brownstone Office Condominiums within a secure, gated community in Conroe, TX
- Includes 8 private offices for day‑to‑day work and client‑facing needs
- Conference room for meetings, presentations, and collaboration
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 | $50.9k | $20.04 |
| − Vacancy | −$11.2k | −$4.41 |
| EGI | $39.7k | $15.63 |
| − OpEx | −$9.9k | −$3.91 |
| NOI | $29.8k | $11.72 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 77304, TX
Market
Vacancy Rate% for Office in South region