13939 Old Texaco, Conroe, TX
22,220 SF industrial facility with 7.6% cap rate.
- Added:
- Jul 24, 2025
- Days on Market:
- 321
- Last Refresh:
- May 19 at 10:29 pm
Property Features for 13939 Old Texaco
General Information
- Standard status
- Active
- Size
- 22,220 SF
- Lot size
- 2.48 Acres
- Property subtype
- INDUSTRIAL
Listing agent Robert Graham (936) 672-2087
Listing office Arrowstar Realty (936) 672-2087
Listing date Jul 24, 2025
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 Arrowstar Realty
HighLights
- 7.6% Cap Rate and $174,000 NOI
- 3 Year Lease signed on June 30, 2023
- 22,220 SF Industrial/Manufacturing Facility
- Located on 2.5 Acres
- Includes a 9,000 SF Warehouse, a 7,200 SF Warehouse, and a 4,800 SF Covered Canopy
- 1,220 SF of Office Space with Two Offices, a Restroom, and a Kitchenette
Overview
Local Financial Insights For Warehouse
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 | $172.4k | $7.76 |
| − Vacancy | −$10.9k | −$0.49 |
| EGI | $161.6k | $7.27 |
| − OpEx | −$24.2k | −$1.09 |
| NOI | $137.3k | $6.18 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Conroe
- County
- Montgomery
- State
- Texas
- Longitude
- -95.3642
- Latitude
- 30.259
