Conroe Commercial Property on Hwy
For Sale
Contact for pricing
2751 E Davis St, Conroe, TX 77301
Versatile commercial property with storefront, warehouse, and office space.
Property Size12,811 SF
Lot Size0.80 Acres
Price / SF$74.94
Days on Market713
Property Features for 2751 E Davis St
General Information
Standard status
Active
Size
12,811 SF
Class
C
Lot size
0.80 Acres
Property subtype
Industrial, Office, Retail
Building Details
Buildings
1
Stories
2
Tenancy
Single
Listing Agency:
Berkshire Hathaway HomeService
Listed By:
Rockey Butler · License #TX 0789967
(936) 672-2859
Source:
Crexi
Added: Oct 25, 2024
Changed: Oct 2
Last Checked: Oct 5 at 6:31PM
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 Berkshire Hathaway HomeService
Investment Insights
Based on property information with market context.
Located on Hwy 105 East between I-45 and Loop 336 in Conroe, TX, the property at 2751 E Davis Street offers over 12,800 SF of combined storefront, warehouse, and office space on 0.8 acres. The property includes two contiguous warehouses measuring 6,930 SF and 3,431 SF, accessible via three 14’x14’ overhead doors and two 12’x12’ doors, with 14- and 12-foot header heights. An additional 2,450 SF of enclosed office space features two bathrooms, a kitchenette, and four offices, plus bonus second-floor office or storage space. Most areas of the building are equipped with HVAC, electrical, and plumbing. The property also includes 6,400 SF of external asphalt paving, and a concrete slab at the rear provides a foundation for potential future expansion. Situated near FM 3083, the property is 10 minutes from I-45 and close to downtown Conroe. A five-lane highway expansion is underway to increase traffic and visibility. The property is suitable for business owners and investors seeking a strategic location with functionality and growth potential.
Key Highlights
- Prime location on Hwy 105 East, experiencing ongoing highway expansion.
- Versatile 0.8‑acre property with over 12,800 SF of combined storefront, warehouse, and office space.
- Two contiguous warehouses (6,930 SF and 3,431 SF) feature three 14’x14’ and two 12’x12’ overhead doors.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,205
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,304,100
$1.3M
Cap Rate 7%
$931,500
$931.5K
Cap Rate 9%
$724,500
$724.5K
Market Conditions
NOI Build-Up for 12,811 SF
Gross rent
$99.4K $7.76/SF
− Vacancy
−$6.3K −$0.49/SF
EGI
$93.2K $7.27/SF
− OpEx
−$27.9K −$2.18/SF
NOI
$65.2K $5.09/SF
Area
Montgomery County, TX
Vacancy
6.30%
Lease Rate
$7.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,304,100
Cap Rate 7%
$931,500
Cap Rate 9%
$724,500
Alternative Uses
Best Use
Industrial
$931.5K
$815.1K – $1.09M
NOI $65,205 @ 7.0% cap · market cap 6.79%
Second Best
Flex RnD
$894.3K
$782.5K – $1.04M
NOI $62,599 @ 7.0% cap · market cap 6.52%
Theoretical Best
Specialty Retail
$3.23M
$2.83M – $3.77M
NOI $226,392 @ 7.0% cap · market cap 23.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
800
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 77301, TX
35,923
Population
12,854
Households
2.8
Avg Household Size
32
Median Age
21%
College-Educated
75%
High-School Grad
20.2 sq mi
ZIP Area
1,778
Density / Sq Mi
$64,885
Median Household Income
$35,575
Median Earnings
$1,229
Median Rent
$193,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Luby's — 201 Longmire Rd, Conroe, TX 77304
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- Fine Dining Caterer / Catering by Chef Annette — 3604 W Davis St, Conroe, TX 77304
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial property with storefront, warehouse, and office space.
Where is this flex space located?
The property is located at 2751 E Davis St Conroe, TX.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: Prime location on Hwy 105 East, experiencing ongoing highway expansion.; Versatile 0.8‑acre property with over 12,800 SF of combined storefront, warehouse, and office space.; Two contiguous warehouses (6,930 SF and 3,431 SF) feature three 14’x14’ and two 12’x12’ overhead doors.
