Cleared 10-Acre Property with
For Sale
$1,100,000
14945 Wiggins Road, Conroe, TX 77302
Versatile 10-acre property featuring a 7,200 sq ft metal building.
Property Size7,200 SF
Lot Size10.00 Acres
Price / SF$152.78
Days on Market393
Property Features for 14945 Wiggins Road
General Information
Standard status
Active
Size
7,200 SF
Lot size
10.00 Acres
Property subtype
Farm
Building Details
Year Built
2013
Listing Agency:
GoUpRE
(281) 853-5133
Listed By:
Sean Gambini · License #0627881
(281) 853-5133
Source:
Compass
Added: Jul 8, 2025
Changed: Jul 10
Last Checked: Aug 1 at 12:16PM
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 GoUpRE
Investment Insights
Based on property information with market context.
This cleared 10-acre property offers versatility. It features a 7,200 sq ft red iron metal building suitable for conversion into a barndominium or use as a shop or commercial workspace. The building includes reinforced concrete beams and a rebar foundation, three identical 60’ x 40’ bays with removable partitions, a 20-foot apex, and three 16’ x 14’ roll-up doors. The property also includes two existing manufactured homes, which the seller is willing to remove at the buyer’s request. It is equipped with two traditional septic systems and one well. Three-phase power runs from the front to the rear along the left side. Additional features include two ponds, full perimeter fencing, and 18-wheeler accessibility. Surrounding properties are well-maintained. The seller is willing to add additional pad sites, dirt work, or clearing as needed to accommodate the buyer’s plans. There are no restrictions.
Key Highlights
- 7,200 sq ft red iron metal building - suitable for barndominium conversion or commercial use - featuring reinforced concrete and three 60’ x 40’ bays with 16’ x 14’ roll‑up doors.
- 10‑acre property with no restrictions and 18‑wheeler accessibility.
- 3‑phase power running the length of the property.
Financial Insights For Industrial
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 | $55.9k | $7.76 |
| − Vacancy | −$3.5k | −$0.49 |
| EGI | $52.4k | $7.27 |
| − OpEx | −$15.7k | −$2.18 |
| NOI | $36.6k | $5.09 |
7,200 SF · lease $7.76/SF/yr · vacancy 6.30% · expense 30.00%
Alternative Uses
Best Use
Industrial
$523.5K
$458.1K – $610.8K
NOI $36,646 @ 7.0% cap · market cap 3.33%
Second Best
Flex RnD
$502.6K
$439.8K – $586.4K
NOI $35,181 @ 7.0% cap · market cap 3.20%
Theoretical Best
Specialty Retail
$1.82M
$1.59M – $2.12M
NOI $127,236 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
Demographics for 77302, TX
19,384
Population
7,040
Households
2.8
Avg Household Size
37
Median Age
24%
College-Educated
92%
High-School Grad
52.9 sq mi
ZIP Area
366
Density / Sq Mi
$81,886
Median Household Income
$50,344
Median Earnings
$1,315
Median Rent
$247,000
Median Home Value
Market
Properties on Market for Farms in Conroe
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Farm - Versatile 10-acre property featuring a 7,200 sq ft metal building.
Where is this farm located?
The property is located at 14945 Wiggins Road Conroe, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 7,200 sq ft red iron metal building - **suitable for barndominium conversion or commercial use** - featuring reinforced concrete and three 60’ x 40’ bays with 16’ x 14’ roll‑up doors.; 10‑acre property with no restrictions and 18‑wheeler accessibility.; 3‑phase power running the length of the property.
