Retail Building on Highway
18413-18417 TX-105 Montgomery, TX
18413-18417 TX-105, Montgomery, TX, 00000
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For Sale
Contact for pricing
Retail building with established tenant and development potential.
Property Size5,580 SF
Lot Size1.54 Acres
Price / SF$318.10
Days on Market417
Property Features for 18413-18417 TX-105
General Information
- Standard status
- Active
- Size
- 5,580 SF
- Lot size
- 1.54 Acres
- Property subtype
- RETAIL
Listing Agency
Black Label Commercial Group
(936) 523-0483
Listed by
Beau Harris
(936) 523-0483
Source
Moodyscre
Added: May 29, 2025 Checked: Jul 17 at 5:58 am
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 Black Label Commercial Group
Investment Insights
Based on property information with market context.
This 5,580 square foot retail building is located on Highway 105. It includes a 900 square foot, fully renovated, long-established dry cleaners that generates steady foot traffic. The remaining 4,580 square feet is available for lease, offering flexible demising options. The property features a grease trap from a previous restaurant and end-cap drive-thrus are available. It has strong visibility with approximately 100 feet of frontage on Highway 105. The current tenant would consider relocating if prospects require the whole building. Positioned on a high-traffic corridor with ample parking, the property also includes an additional acre in the rear, providing ample space for future growth, parking expansion, or potential pad site development.
Key Highlights
- High‑traffic location on Hwy 105 with strong visibility (+/- 100' frontage).
- Significant value‑add potential with an additional acre in the rear for expansion or development.
- Existing, fully renovated dry cleaners (900 SF) provides immediate income and foot traffic.
Local Financial Insights For Retail
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 | $114.5k | $20.52 |
| − Vacancy | −$6.4k | −$1.15 |
| EGI | $108.1k | $19.37 |
| − OpEx | −$32.4k | −$5.81 |
| NOI | $75.7k | $13.56 |
5,580 SF · lease $20.52/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.08M
$945.8K – $1.26M
NOI $75,663 @ 7.0% cap · market cap 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.41M
$1.23M – $1.64M
NOI $98,608 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail building with established tenant and development potential.
Where is this retail space located?
The property is located at 18413-18417 TX-105 Montgomery, TX.
What is the asking price?
The asking price for this property is $1,775,000.
What are key features of this property?
This property features: High‑traffic location on Hwy 105 with strong visibility (+/- 100' frontage).; Significant value‑add potential with an additional acre in the rear for expansion or development.; Existing, fully renovated dry cleaners (900 SF) provides immediate income and foot traffic.
