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    336 N Main St Conroe, TX 77301

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    For Lease
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    Historic building with modern amenities in downtown Conroe, Texas.

    Type:Retail, Office
    Property size:
    10,400 SF
    Lot size:
    0.16 Acres
    Added:
    Sep 27, 2021
    Days on Market:
    1677
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 336 N Main St

    General Information

    Standard status
    Active
    Size
    10,400 SF
    Lot size
    0.16 Acres
    Property subtype
    Retail, Office

    Building Details

    Year Built
    1913

    Spaces For Lease

    at 336 N Main St Contact us

    Suite 215 $4 /Mo

    Size
    130 SF
    Type
    Retail, Office
    This inviting suite provides a clean, modern look with a practical layout that fits...
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    Suite 221 $3 /Mo

    Size
    150 SF
    Type
    Retail, Office
    A practical, well-designed office featuring built-in storage, professional furnishings,...
    show more
    Contact us

    Suite 214 $4 /Mo

    Size
    130 SF
    Type
    Retail, Office
    Suite 214 offers a professional workspace with a contemporary layout, upgraded flooring,...
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    Contact us

    Suite 222 $5 /Mo

    Size
    179 SF
    Type
    Retail, Office
    Suite 222 combines a cozy setting with a professional aesthetic, offering stylish...
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    Suite 220 $5 /Mo

    Size
    201 SF
    Type
    Retail, Office
    Suite 220 offers abundant natural light and a comfortable layout ideal for one to...
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    Contact us

    Suite 216 $3 /Mo

    Size
    134 SF
    Type
    Retail, Office
    Contact us

    Suite 209 $4 /Mo

    Size
    106 SF
    Type
    Office
    Suite 209 offers a modern, professional office environment within the historic Carter...
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    Suite 218 $4 /Mo

    Size
    150 SF
    Type
    Office
    Modern private office with clean finishes and professional appeal. Features updated...
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    Contact us

    Suite 102 $2 /Mo

    Size
    1,529 SF
    Type
    Retail, Office
    Suite 102 offers 1,529 SF of modern space with glass frontage, abundant natural light,...
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    Contact us

    Suite 217 $3 /Mo

    Size
    134 SF
    Type
    Retail, Office
    Suite 217 features a spacious layout with tall ceilings, abundant natural light,...
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    Show more

    We can help!

    Listing Contact
    Michael Evans
    Michael Evans

    Listing agent Michael Evans License #TX 600350

    Listing office MHW Commercial Real Estate

    Listing date Sep 27, 2021

    Source Crexi

    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 MHW Commercial Real Estate

    Overview

    Downtown Conroe Commercial Property

    The Carter Building is a commercial property located in downtown Conroe, Texas, at the intersection of Main Street and Highway 105. The building has been renovated to blend its architectural history with modern amenities. The property has 10,400 square feet of space suitable for street-level retail, executive offices, and professional suites. The first floor is occupied by tenants such as Dirt Logic and BE Lounge, a wine bar. The second floor offers executive suites and flexible office spaces. The property is located near the Montgomery County Courthouse and District Attorney’s Offices, and is surrounded by shops, dining, and cultural attractions. The lot size is 0.16 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Overhead Door of Texas Building Supply Valorie Williams Real ... Real Estate Agency The Lounge on Main - B ... Bar & Pub Ashley Ward Counselor Becoming You Counseling ... Crisis Center

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.457003
    Latitude
    30.311533

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    FAQs

    What type of property is this?
    Mixed-use property - Historic building with modern amenities in downtown Conroe, Texas.
    Where is this mixed-use property located?
    The property is located at 336 N Main St Conroe, TX.
    What are key features of this property?
    This property features: Prime downtown Conroe location at the intersection of Main Street and Highway 105, offering high visibility and accessibility.; Versatile 10,400 sq ft space suitable for retail, executive offices, and professional suites.; Historic building renovated with modern amenities, blending architectural charm with contemporary functionality.
    (281) 651-4898 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Michael Evans
    Michael Evans
    Real Estate License ID: TX 600350
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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