Class A Mixed-Use
For Sale
Contact for pricing
400 W Davis Street, Conroe, TX 77301
30,000 SF mixed-use building in downtown Conroe, TX.
Property Size30,000 SF
Days on Market329
Property Features for 400 W Davis Street
General Information
Standard status
Active
Size
30,000 SF
Class
A
Property subtype
Office
Lease Term
NNN
Building Details
Building Size
30,000 SF
Year Built
2021
Properties For Sale
at 400 W Davis Street Contact usSuite 210
Size
968 SF
Type
Office Building
Term
Negotiable
Suite 220
Size
2,648 SF
Type
Office Building
Term
Negotiable
Suite 230
Size
1,836 SF
Type
Office Building
Term
Negotiable
Listing Agency:
SVN | J. Beard Real Estate – Greater Houston
Listed By:
Lisa Hughes
(281) 367-2220
Source:
Svn
Added: Nov 21, 2025
Changed: Oct 6
Last Checked: Oct 14 at 9:37PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a 30,000 square-foot, three-story Class A mixed-use building suitable for office and retail use. It is located at 400 W. Davis Street in Conroe, TX, 77301. The building is situated on a full city block in the heart of downtown Conroe, near the court-house square. Traffic studies indicate over 28,000 cars per day on W. Davis Street, according to a 2019 TxDOT study. A dedicated garage provides a parking ratio of 3.5 cars per 1,000 square feet, in addition to public street-level parking. Estimated delivery is Q1 2022.
Key Highlights
- Class A mixed‑use office/retail building.
- Located in the heart of downtown Conroe off the court‑house square.
- High traffic location: Over 28,000 cars per day on W. Davis Street.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$310,500
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,210,000
$6.2M
Cap Rate 7%
$4,435,714
$4.4M
Cap Rate 9%
$3,450,000
$3.5M
Market Conditions
NOI Build-Up for 30,000 SF
Gross rent
$540.0K $18.00/SF
− Vacancy
−$43.2K −$1.44/SF
EGI
$496.8K $16.56/SF
− OpEx
−$186.3K −$6.21/SF
NOI
$310.5K $10.35/SF
Area
Montgomery County, TX
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,210,000
Cap Rate 7%
$4,435,714
Cap Rate 9%
$3,450,000
Alternative Uses
Best Use
Retail
$5.81M
$5.08M – $6.78M
NOI $406,788 @ 7.0% cap · market cap 1,937,085.71%
Second Best
Office B
$5.02M
$4.40M – $5.86M
NOI $351,702 @ 7.0% cap · market cap 1,674,771.43%
Theoretical Best
Specialty Retail
$7.57M
$6.63M – $8.84M
NOI $530,150 @ 7.0% cap · market cap 2,524,523.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,742
Businesses Nearby
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
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - 30,000 SF mixed-use building in downtown Conroe, TX.
Where is this mixed-use property located?
The property is located at 400 W Davis Street Conroe, TX.
What are key features of this property?
This property features: Class A mixed‑use office/retail building.; Located in the heart of downtown Conroe off the court‑house square.; High traffic location: Over 28,000 cars per day on W. Davis Street.
