Conroe Office Building For
5452 W Davis St Conroe, TX 77304
5452 W Davis St, Conroe, TX, 77304
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For Sale
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19,466 SF office building with 5.98% CAP rate.
Property Size19,466 SF
Price / SF$223.47
Days on Market1317
Property Features for 5452 W Davis St
General Information
- Standard status
- Active
- Size
- 19,466 SF
- Property subtype
- Office
Building Details
- Year Built
- 2006
Listing Agency
Foldetta Commercial
(281) 466-2880
Listed by
Ross Foldetta · License #TX 0514192
Source
Crexi
Added: Dec 8, 2022 Checked: Jul 17 at 5:45 am
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 Foldetta Commercial
Investment Insights
Based on property information with market context.
This commercial real estate offering features an office building with 19,466 square feet of space. The property is being offered for sale and has a capitalized rate of 5.98%.
Key Highlights
- 5.98% CAP Rate
- Office Property
- Substantial 19,466 SF
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 | $390.1k | $20.04 |
| − Vacancy | −$85.8k | −$4.41 |
| EGI | $304.3k | $15.63 |
| − OpEx | −$76.1k | −$3.91 |
| NOI | $228.2k | $11.72 |
19,466 SF · lease $20.04/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.26M
$2.85M – $3.80M
NOI $228,208 @ 7.0% cap · market cap 5.25%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.91M
$4.30M – $5.73M
NOI $343,997 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Alamo Title Company
Title Company
Jobe Systems
Corporate Office
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - 19,466 SF office building with 5.98% CAP rate.
Where is this office building located?
The property is located at 5452 W Davis St Conroe, TX.
What is the asking price?
The asking price for this property is $4,350,000.
What are key features of this property?
This property features: 5.98% CAP Rate; Office Property; Substantial 19,466 SF
