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 Market235
Property Features for 18071 FM1314
General Information
Standard status
Active
Size
17,739 SF
Lot size
2.90 Acres
Property subtype
Industrial
Building Details
Year Built
2010
Listing Agency:
LPT Realty, LLC
Listed By:
Jeremiah Smith · License #833796
Source:
Crexi
Added: Dec 12, 2025
Changed: Jul 10
Last Checked: Aug 3 at 8:27AM
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 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 | $137.7k | $7.76 |
| − Vacancy | −$8.7k | −$0.49 |
| EGI | $129.0k | $7.27 |
| − OpEx | −$19.3k | −$1.09 |
| NOI | $109.6k | $6.18 |
17,739 SF · lease $7.76/SF/yr · vacancy 6.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.57M
$1.37M – $1.83M
NOI $109,635 @ 7.0% cap · market cap 4.98%
Second Best
Industrial
$1.29M
$1.13M – $1.50M
NOI $90,288 @ 7.0% cap · market cap 4.10%
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.
Property Analytics
Property Profile
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
Market
Properties on Market for Flex space in Montgomery County
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?
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.
