Office/Warehouse Flex Space
For Sale
Contact for pricing
2519 N Frazier Street, Conroe, TX 77303
Professionally designed flex space with individually metered suites and 100% occupancy, offering lobby, offices, conference room, and parking.
Property Size10,082 SF
Price / SF$321.83
Days on Market280
Property Features for 2519 N Frazier Street
General Information
Standard status
Active
Size
10,082 SF
Property subtype
OFFICE
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Building Size
10,082 SF
Tenancy
Multi
Listing Agency:
The Commercial Professionals
(713) 614-2670
Listed By:
Adam Olsen, CCIM · License ##0642075
(713) 614-2670
Source:
Moodyscre
Added: Oct 30, 2025
Changed: Jul 30
Last Checked: Aug 4 at 7:15AM
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 The Commercial Professionals
Investment Insights
Based on property information with market context.
2519 N Frazier Street in Conroe presents a stabilized, income-producing office/warehouse flex space designed for professional services, medical, or light flex use. The professionally designed layout includes a welcoming entry lobby, multiple private offices, a conference room, a break/kitchen area, and restrooms. Each suite is individually metered, supporting multi-tenant income today and flexibility for future owner-user occupancy upon lease expiration.
The property is 100% occupied. Lease expirations vary, extending from May 2026 through February 2028, with recent occupancy as of June 1, 2025. With ample on-site parking and secure access, the building is positioned within an established Conroe business park surrounded by professional services and light industrial users, providing practical day-to-day accessibility for tenants and visitors.
Conveniently located minutes to I-45 and major business hubs, including Downtown Conroe and The Woodlands, this flex space offers a functional, office-forward environment combined with warehouse utility for compatible tenant requirements.
The property is 100% occupied. Lease expirations vary, extending from May 2026 through February 2028, with recent occupancy as of June 1, 2025. With ample on-site parking and secure access, the building is positioned within an established Conroe business park surrounded by professional services and light industrial users, providing practical day-to-day accessibility for tenants and visitors.
Conveniently located minutes to I-45 and major business hubs, including Downtown Conroe and The Woodlands, this flex space offers a functional, office-forward environment combined with warehouse utility for compatible tenant requirements.
Key Highlights
- 10,083 SF office/warehouse flex space building with a professional lobby, private offices, conference room, kitchen, and restrooms
- 100% occupied with individually metered suites for multi‑tenant income or future flexibility
- Lease expirations extend from May 2026 through February 2028; recent occupancy as of June 1, 2025
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 | $202.1k | $20.04 |
| − Vacancy | −$44.5k | −$4.41 |
| EGI | $157.6k | $15.63 |
| − OpEx | −$39.4k | −$3.91 |
| NOI | $118.2k | $11.72 |
10,083 SF · lease $20.04/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.69M
$1.48M – $1.97M
NOI $118,207 @ 7.0% cap · market cap 3.64%
Second Best
Warehouse
$890.2K
$779.0K – $1.04M
NOI $62,317 @ 7.0% cap · market cap 1.92%
Theoretical Best
Specialty Retail
$2.55M
$2.23M – $2.97M
NOI $178,184 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,773
Businesses Nearby
Balanced
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
Market
Properties on Market for Flex space in Montgomery County
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Professionally designed flex space with individually metered suites and 100% occupancy, offering lobby, offices, conference room, and parking.
Where is this flex space located?
The property is located at 2519 N Frazier Street Conroe, TX.
What is the asking price?
The asking price for this property is $3,245,000.
What are key features of this property?
This property features: 10,083 SF office/warehouse flex space building with a professional lobby, private offices, conference room, kitchen, and restrooms; 100% occupied with individually metered suites for multi‑tenant income or future flexibility; Lease expirations extend from May 2026 through February 2028; recent occupancy as of June 1, 2025
