Warehouse
New
For Sale
$1,750,000
2300 North Frazier Street, Conroe, TX 77303
Warehouse space is located on North Frazier Street in Conroe.
Property Size10,336 SF
Price / SF$169.31
Days on Market3
Property Features for 2300 North Frazier Street
General Information
Standard status
Active
Size
10,336 SF
Property subtype
Industrial
Listing Agency:
CBRE, Inc.
Listed By:
Nick Bergmann
(713) 577-1772
Source:
Cbre
Added: Oct 11
Last Checked: Oct 12 at 5:26PM
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 CBRE, Inc.
Investment Insights
Based on property information with market context.
This warehouse property is located at 2300 North Frazier Street in Conroe, Texas. Its recorded property size is 10,336.
Key Highlights
- Recorded property size: 10,336
- Address: 2300 North Frazier Street, Conroe, TX 77303
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,881
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,277,620
$1.3M
Cap Rate 7%
$912,586
$912.6K
Cap Rate 9%
$709,789
$709.8K
Market Conditions
NOI Build-Up for 10,336 SF
Gross rent
$80.2K $7.76/SF
− Vacancy
−$5.1K −$0.49/SF
EGI
$75.2K $7.27/SF
− OpEx
−$11.3K −$1.09/SF
NOI
$63.9K $6.18/SF
Area
Montgomery County, TX
Vacancy
6.30%
Lease Rate
$7.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,277,620
Cap Rate 7%
$912,586
Cap Rate 9%
$709,789
Alternative Uses
Best Use
Warehouse
$912.6K
$798.5K – $1.06M
NOI $63,881 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.61M
$2.28M – $3.04M
NOI $182,654 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
867
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77303, TX
20,974
Population
9,516
Households
2.2
Avg Household Size
36
Median Age
14%
College-Educated
84%
High-School Grad
60.9 sq mi
ZIP Area
344
Density / Sq Mi
$72,827
Median Household Income
$42,956
Median Earnings
$1,157
Median Rent
$232,200
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
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Similar Off Market Nearby
- Self Service Storage — 1804 N Frazier St, Conroe, TX 77301
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse space is located on North Frazier Street in Conroe.
Where is this warehouse located?
The property is located at 2300 North Frazier Street Conroe, TX.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Recorded property size: 10,336; Address: 2300 North Frazier Street, Conroe, TX 77303
