Conroe Development
For Sale
Contact for pricing
18071 FM1314, Conroe, TX 77302
2.9 acres with 17,739 SF of fully leased buildings.
Property Size17,739 SF
Lot Size2.90 Acres
Price / SF$124.02
Days on Market307
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Property Features for 18071 FM1314
General Information
Standard status
Active
Size
17,739 SF
Class
B
Lot size
2.90 Acres
Property subtype
Industrial
Occupancy
100%
Lease Type
Gross
Building Details
Year Built
2010
Year Renovated
2019
Buildings
3
Stories
1
Units
2
Tenancy
Multi
Listing Agency:
LPT Realty, LLC
Listed By:
Jeremiah Smith · License #833796
Source:
Crexi
Added: Dec 12, 2025
Changed: Oct 14
Last Checked: Oct 14 at 11:38PM
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 LPT Realty, LLC
Investment Insights
Based on property information with market context.
Located at 18071 & 18083 FM 1314, Conroe, TX, this property presents a development-oriented acquisition opportunity. It features 2.9 acres of unrestricted land with approximately 1,000 feet of frontage along FM 1314. The site includes 17,739 square feet of fully leased industrial buildings, providing immediate income. Situated less than two miles from newly acquired H-E-B owned land, the property is located within one of Montgomery County’s fastest-growing growth corridors, poised to benefit from commercial and residential expansion. The property's frontage, flexible land use, and land value make it suitable for retail, mixed-use, service-oriented commercial, or residential redevelopment. The property is adjacent to major master-planned communities, including Evergreen (approximately 2,000 homes) and Artavia (approximately 6,500 projected homes), supporting sustained population growth and traffic. Seller financing is available.
Key Highlights
- Unrestricted 2.9 acres with 1,000 feet of high‑visibility frontage on FM 1314.
- Seller financing available.
- Immediate income from 17,739 SF of fully leased industrial buildings.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,288
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,805,760
$1.8M
Cap Rate 7%
$1,289,829
$1.3M
Cap Rate 9%
$1,003,200
$1.0M
Market Conditions
NOI Build-Up for 17,739 SF
Gross rent
$137.7K $7.76/SF
− Vacancy
−$8.7K −$0.49/SF
EGI
$129.0K $7.27/SF
− OpEx
−$38.7K −$2.18/SF
NOI
$90.3K $5.09/SF
Area
Montgomery County, TX
Vacancy
6.30%
Lease Rate
$7.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,805,760
Cap Rate 7%
$1,289,829
Cap Rate 9%
$1,003,200
Alternative Uses
Best Use
Industrial
$1.29M
$1.13M – $1.50M
NOI $90,288 @ 7.0% cap · market cap 4.10%
Second Best
Flex RnD
$1.24M
$1.08M – $1.44M
NOI $86,678 @ 7.0% cap · market cap 3.94%
Theoretical Best
Specialty Retail
$4.48M
$3.92M – $5.22M
NOI $313,478 @ 7.0% cap · market cap 14.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - 2.9 acres with 17,739 SF of fully leased buildings.
Where is this flex space located?
The property is located at 18071 FM1314 Conroe, TX.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Unrestricted 2.9 acres with **1,000 feet of high‑visibility frontage on FM 1314**.; Seller financing available.; Immediate income from 17,739 SF of fully leased industrial buildings.
