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2517 N Frazier St, Conroe, TX
Brand new office spaces available for lease in Conroe, TX.
Property Size8,220 SF
Lot Size1.00 Acres
Price / SF$414.84
Days on Market281
Property Features for 2517 N Frazier St
General Information
Standard status
Active
Size
8,220 SF
Lot size
1.00 Acres
Property subtype
OFFICE
Listing Agency:
Arrowstar Realty
(936) 672-2087
Listed By:
Robert Graham · License ##0642075
(936) 672-2087
Source:
Moodyscre
Added: Oct 30, 2025
Changed: Jul 10
Last Checked: Jul 21 at 4:05AM
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 Arrowstar Realty
Investment Insights
Based on property information with market context.
Available for lease are brand new office spaces ranging from 831 to 1,137 square feet. These spaces are located right off Highway 75 and North Frazier Street in Conroe, Texas. The floor plan includes a foyer, private offices, a conference room, a kitchen area, and one restroom. The location is in a business park with oak trees lining the entrance. There is ample parking available, and each suite is individually metered. The lease term is negotiable.
Key Highlights
- Brand new office spaces right off Highway 75 / N Frazier in Conroe.
- Flexible lease terms are negotiable.
- Complete floor plan includes a foyer, private offices, conference room, kitchen area, and restroom.
Financial Insights For Office B
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 | $164.7k | $20.04 |
| − Vacancy | −$36.2k | −$4.41 |
| EGI | $128.5k | $15.63 |
| − OpEx | −$32.1k | −$3.91 |
| NOI | $96.4k | $11.72 |
8,220 SF · lease $20.04/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.38M
$1.20M – $1.61M
NOI $96,366 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.08M
$1.82M – $2.42M
NOI $145,261 @ 7.0% cap · market cap 4.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Brand new office spaces available for lease in Conroe, TX.
Where is this office units located?
The property is located at 2517 N Frazier St Conroe, TX.
What is the asking price?
The asking price for this property is $3,410,000.
What are key features of this property?
This property features: Brand new office spaces right off Highway 75 / N Frazier in Conroe.; Flexible lease terms are negotiable.; Complete floor plan includes a foyer, private offices, conference room, kitchen area, and restroom.
