Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    South Conroe Flex Space Available Title is generated by Realmo AI

    21161 Blair Rd - Bldg. 14, Conroe, TX 77385

    View on Map
    Claim this Listing
    For Sale
    $868,000

    5600 SF flex space with office in gated park.

    Type:Industrial
    Property size:
    5,600 SF
    Price / SF:
    $155/SF
    Added:
    Nov 21, 2025
    Days on Market:
    190
    Last Refresh:
    May 19 at 8:02 pm

    Property Features for 21161 Blair Rd - Bldg. 14

    General Information

    Standard status
    Active
    Size
    5,600 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2019

    We can help!

    Listing Contact
    Robert Noack

    Listing agent Robert Noack

    Listing office Black Label Commercial Group

    Listing date Nov 21, 2025

    Source Jbeardcompany

    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

    HighLights

    • 5600 SF metal building offers substantial space.
    • Includes approximately 1200 SF of office space.
    • Located in a gated, deed‑restricted business park.
    • Built in 2019.
    • Situated in the Oak Ridge submarket near The Woodlands.
    • Conveniently located approximately one mile east of Interstate 45 North.

    Overview

    This property features a 5600 SF metal building, including approximately 1200 SF of office space, situated in south Conroe. It is located within a gated, deed-restricted business park, approximately one mile east of Interstate 45 North. The property is in the Oak Ridge submarket, near The Woodlands, positioned between Rayford Rd. and Robinson Rd.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.4223
    Latitude
    30.1879

    Nearby Similar for Sale

    • $599,500

      Conroe Car Wash Business Opportunity

      Car wash business for sale in high-growth Conroe, Texas.
      1110 League Line Road, Conroe, TX 77303
      View Details
    • $574,999
      2,165 SF

      Commercial Property Near Woodlands Parkway

      2,165 sqft property on 0.39 acres near major highways.
      27226 Robinson Rd, Conroe, TX 77385
      View Details
    • $985,000
      12,811 SF

      Conroe Commercial Property on Hwy 105

      Versatile commercial property with warehouse, office, and expansion potential.
      2751 E Davis, Conroe, TX
      View Details
    • $2,795,000
      10,012 SF

      Renovated Retail Center I-45 Frontage

      Newly renovated retail center with high visibility and access.
      25770 N Interstate 45, Conroe, TX
      View Details
    • $895,000
      6,818 SF

      Renovated Office Building in Conroe

      Fully renovated office building in Downtown Conroe, completed in 2025.
      729 N Frazier Street, Conroe, TX
      View Details
    • $465,000

      Unrestricted Property with Barn and Garage

      Six-acre unrestricted property featuring a ranch home, barn, and garage.
      10905 Rose Royal Dr, Conroe, TX 77303
      View Details
    • $3,200,000
      4,026 SF

      Conroe Office Space For Lease

      Office space available in a convenient Conroe business park.
      2525 N Frazier St, Conroe, TX
      View Details
    • $1,600,000
      7,000 SF

      Warehouse and Office in Conroe

      7,000 SF warehouse with office space near The Woodlands.
      8601 Fawn Trail, Conroe, TX
      View Details
    • $3,410,000
      8,220 SF

      New Office Spaces in Conroe

      Brand new office spaces available for lease in Conroe, TX.
      2517 N Frazier St, Conroe, TX
      View Details
    • $840,000
      1,836 SF

      Remodeled Home on 10 Acres

      10-acre property with remodeled home, pond, and equestrian facilities.
      14818 Walker Road, Conroe, TX 77302
      View Details
    • $997,500
      4,484 SF

      Conroe Office Building on I-45

      Office building with frontage on I-45 in Conroe, Texas.
      3989 N Interstate 45 N, Conroe, TX
      View Details
    • Contact for pricing
      6,864 SF

      Restaurant Site on Interstate 45

      Conroe, Texas restaurant property with high visibility on I-45.
      2050 Interstate 45 N, Conroe (Houston MSA), TX 77301
      View Details

    FAQs

    What type of property is this?
    Flex space - 5600 SF flex space with office in gated park.
    Where is this flex space located?
    The property is located at 21161 Blair Rd - Bldg. 14 Conroe, TX.
    What is the asking price?
    The asking price for this property is $868,000.
    What are key features of this property?
    This property features: 5600 SF metal building offers substantial space.; Includes approximately 1200 SF of office space.; Located in a gated, deed‑restricted business park.
    (832) 723-9996
    We can help!
    Listing Contact
    Robert Noack
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    21161 Blair Rd - Bldg. 14, Conroe, TX 77385
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!