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For sale
Banks
TX
Porter
77365
22240 Farris Green Rd

Former Bank Building For Sale

22240 Farris Green Rd, Porter, TX 77365

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For Sale

Contact for pricing

Versatile commercial site with existing infrastructure in a growing area.

Type:Office, Retail, Special Purpose

Property size:

5,130 SF

Price / SF:

$289/SF

HighLights

Highly visible, versatile commercial site with existing infrastructure.
Strategically located near Home Depot, Wal‑Mart & Spec’s Liquor.
Easy access to Grand Parkway (Hwy 99), I‑69 (Hwy 59) & FM 1314.
Minutes from Valley Ranch Medical District & Town Center (2.5 miles).
Situated in a federally designated Opportunity Zone.
Features include a spacious lobby, large vault, conference room, and multiple private offices.

We can help!

Contact an agent

Anne Vickery

For Sale

Contact for pricing

Versatile commercial site with existing infrastructure in a growing area.

Type:Office, Retail, Special Purpose

Property size:

5,130 SF

Price / SF:

$289/SF

Added:: Apr 22, 2025
Days on Market:: 432
Last Refresh:: Mar 17 at 1:17 pm

Property Features for 22240 Farris Green Rd

General Information

Standard status: Active
Size: 5,130 SF
Property subtype: Office, Retail, Special Purpose

Building Details

Year Built: 2008

We can help!

Contact an agent

Anne Vickery

Listing office Anne Vickery Real Estate

Listing date Apr 22, 2025

Source Crexi

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 Anne Vickery Real Estate

HighLights

Highly visible, versatile commercial site with existing infrastructure.
Strategically located near Home Depot, Wal‑Mart & Spec’s Liquor.
Easy access to Grand Parkway (Hwy 99), I‑69 (Hwy 59) & FM 1314.
Minutes from Valley Ranch Medical District & Town Center (2.5 miles).
Situated in a federally designated Opportunity Zone.
Features include a spacious lobby, large vault, conference room, and multiple private offices.

Overview

This former bank property presents an opportunity to own a highly visible and versatile commercial site with existing infrastructure. The 5,130 square-foot property features a spacious lobby, a large vault, a conference room, and multiple private offices. It is located near Home Depot, Wal-Mart, and Spec’s Liquor, and is minutes from Valley Ranch Medical District and Town Center (2.5 miles). The property offers easy access to Grand Parkway (Hwy 99), I-69 (Hwy 59), and FM 1314. Downtown Houston and IAH Bush Airport are each 30 minutes away. Situated in a federally designated Opportunity Zone, this location allows for positioning a business or investment in one of the fastest-growing areas in Montgomery County. The property is suitable for financial institutions, professional offices, or retail conversion.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$128.0k	$24.96
− Vacancy	−$7.2k	−$1.40
EGI	$120.9k	$23.56
− OpEx	−$30.2k	−$5.89
NOI	$90.7k	$17.67

5,130 SF · lease $24.96/SF/yr · vacancy 5.60% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$1.30M

$1.13M – $1.51M (±1% cap)

NOI $90,656 @ 7.0% cap · market cap 6.10%

Second Best

Retail

$993.7K

$869.5K – $1.16M (±1% cap)

NOI $69,561 @ 7.0% cap · market cap 4.68%

Theoretical Best

—

same as Best Use

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Banks

Suggested Use

Location Insight

Map
Local Demand

City: Porter
County: Montgomery
State: Texas
Longitude: -95.231579
Latitude: 30.104396

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For sale
Banks
TX
Porter
77365
22240 Farris Green Rd

What type of property is this?

Bank - Versatile commercial site with existing infrastructure in a growing area.

Where is this bank located?

The property is located at 22240 Farris Green Rd Porter, TX.

What is the asking price?

The asking price for this property is $1,485,000.

What are key features of this property?

This property features: Highly visible, versatile commercial site with existing infrastructure.; Strategically located near Home Depot, Wal‑Mart & Spec’s Liquor.; Easy access to Grand Parkway (Hwy 99), I‑69 (Hwy 59) & FM 1314.