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Turnkey Office Condo with Private Offices
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303 Longmire Rd, Conroe, TX 77304

Office condominium in a gated community with eight private offices, a conference room, two kitchenettes, and dedicated parking.

Property Size2,540 SF
Price / SF$194.88
Days on Market482

Property Features for 303 Longmire Rd

General Information

Standard status Active
Size 2,540 SF
Total Parking Spaces 4
Property subtype OFFICE

Additional Details

Highway Access Yes
Listing Agency: Wychico Commercial Group
Listed By: Theresa Wychico
Source: Moodyscre
Added: Apr 10, 2025 Changed: Jul 29 Last Checked: Aug 4 at 6:37AM

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 Wychico Commercial Group

Investment Insights

Based on property information with market context.

This office condominium at the Brownstone Office Condominiums is set up with eight private offices designed for day-to-day productivity. The unit also includes a conference room for meetings and collaboration, two kitchenettes for convenience, and two restrooms. With four dedicated parking spaces, the space is positioned to support regular client and staff arrivals.

The property is located within a secure, gated community in Conroe, with convenient access to I-45 and the surrounding amenities of The Woodlands area, including dining and shopping.

Offered as a turnkey office solution, the layout is flexible for a range of professional and administrative uses.

Key Highlights

  • Office condo in the Brownstone Office Condominiums within a secure, gated community in Conroe, TX
  • Includes 8 private offices for day‑to‑day work and client‑facing needs
  • Conference room for meetings, presentations, and collaboration

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 $50.9k $20.04
− Vacancy −$11.2k −$4.41
EGI $39.7k $15.63
− OpEx −$9.9k −$3.91
NOI $29.8k $11.72
2,540 SF · lease $20.04/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$425.4K
$372.2K – $496.3K (±1% cap)
NOI $29,777 @ 7.0% cap · market cap 6.02%
Second Best
no second resolved use
Theoretical Best
Specialty Retail
$641.2K
$561.1K – $748.1K (±1% cap)
NOI $44,886 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Ductly Home Care ... HVAC Service Sold @ Lindsay Mumford Real Estate Agency Conroe Women's Associates ... Physician Yaiyun Cheng, MD Physician Houston Foot and Ankle Physician

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Travel Agency Plumbing Service Clothing & Fashion Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

899
Businesses Nearby

Demographics for 77304, TX

35,969
Population
18,462
Households
1.9
Avg Household Size
38
Median Age
42%
College-Educated
93%
High-School Grad
40.0 sq mi
ZIP Area
899
Density / Sq Mi
$78,574
Median Household Income
$43,314
Median Earnings
$1,397
Median Rent
$324,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office condominium in a gated community with eight private offices, a conference room, two kitchenettes, and dedicated parking.
Where is this office units located?
The property is located at 303 Longmire Rd Conroe, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Office condo in the Brownstone Office Condominiums within a secure, gated community in Conroe, TX; Includes 8 private offices for day‑to‑day work and client‑facing needs; Conference room for meetings, presentations, and collaboration
(832) 745-6111 Call to check price and availability
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