New Professional Office
2643 S Loop 336 W Conroe, TX 77304
2643 S Loop 336 W, Conroe, TX, 77304
Contact for pricing
For Sale
Contact for pricing
New office development with modern finishes and lake views.
Property Size20,000 SF
Lot Size4.17 Acres
Price / SF$312.50
Days on Market641
Property Features for 2643 S Loop 336 W
General Information
- Standard status
- Active
- Size
- 20,000 SF
- Lot size
- 4.17 Acres
- Property subtype
- Retail, Office
Building Details
- Year Built
- 2022
Listing Agency
SVN | J. Beard Real Estate - Greater Houston
(281) 367-2220
Listed by
Jeff Beard · License #TX 0400693
Source
Crexi
Added: Oct 15, 2024 Checked: Jul 16 at 12:52 pm
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 SVN | J. Beard Real Estate - Greater Houston
Investment Insights
Based on property information with market context.
Mallard Cove is a professional office development situated on over 4.167 acres in Conroe, TX. The property features a Texas Hill Country-inspired design with a park-like setting and private lake views. The development includes 4 buildings, totaling 20,000 square feet. Each 5,000 square foot building contains two 2,500 square foot suites. The suites feature modern finishes, high ceilings, kitchen/break areas, private restrooms, natural and LED lighting, and back patios with views. One 2,500 square foot space is in shell condition, ready for buildout. The property is located on S Loop 336 W, with access to Interstate 45, near the 336 Marketplace Retail Shopping Center. It offers visibility and ample parking. The average household income within 1 mile is $128,482. The location is in Conroe, which is experiencing residential growth.
Key Highlights
- Prime Location: Situated on S Loop 336 W with easy access to Interstate 45 and proximity to the 336 Marketplace Retail Shopping Center.
- High‑Quality Office Suites: Modern finishes, high ceilings, kitchen/break areas, private restrooms, natural & LED lighting, and back patios with lake views.
- New Construction: Built in 2022, offering modern infrastructure and design.
Local 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 | $400.8k | $20.04 |
| − Vacancy | −$88.2k | −$4.41 |
| EGI | $312.6k | $15.63 |
| − OpEx | −$78.2k | −$3.91 |
| NOI | $234.5k | $11.72 |
20,000 SF · lease $20.04/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.35M
$2.93M – $3.91M
NOI $234,468 @ 7.0% cap · market cap 3.75%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.05M
$4.42M – $5.89M
NOI $353,434 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Manuel Builders
Construction Company
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FAQs
What type of property is this?
Office building - New office development with modern finishes and lake views.
Where is this office building located?
The property is located at 2643 S Loop 336 W Conroe, TX.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: Prime Location: Situated on S Loop 336 W with easy access to Interstate 45 and proximity to the 336 Marketplace Retail Shopping Center.; High‑Quality Office Suites: Modern finishes, high ceilings, kitchen/break areas, private restrooms, natural & LED lighting, and back patios with lake views.; New Construction: Built in 2022, offering modern infrastructure and design.
