Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    3705 Hilltop Dr Conroe, TX 77303

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Proposed industrial warehouse space for sale, customizable to your needs.

    Type:Industrial
    Property size:
    25,030 SF
    Added:
    Aug 10, 2022
    Days on Market:
    1366
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 3705 Hilltop Dr

    General Information

    Standard status
    Active
    Size
    25,030 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Robert Graham
    Robert Graham

    Listing agent Robert Graham License #TX 466722

    Listing office Arrowstar Realty

    Listing date Aug 10, 2022

    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 Arrowstar Realty

    Overview

    Industrial Warehouse Built to Suit

    A proposed industrial warehouse, with square footage ranging from 5,500 to 25,030 square feet, is available as a build-to-suit opportunity. The groundbreaking date is to be determined. This three-phase building will feature 10% office space, an eave height of 26 feet, and 800 amps for heavy power. It will be crane-ready and sprinklered, with crushed concrete/stabilized yard space and a detention pond toward the back of the property. The location provides convenient access, situated near Highway 75 and Wally Wilkerson Parkway, less than 1 mile from I-45, close to FM 3083, N Loop 336, and a few minutes from Highway 105. The property is also available for lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Auto Repair Shop Building Supply Gym & Fitness Center Big Box & Wholesale Store

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

    Similar Places Nearby

    • Extra Space Storage — 4013 Sprayberry Ln, Conroe, TX 77303
    • iStorage — 4215 N Frazier St, Conroe, TX 77303

    Location Insight

    • Map
    • Local Demand
    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.473139
    Latitude
    30.361177

    Nearby Similar for Sale

    • $599,500

      Conroe Car Wash Business Opportunity

      Car wash business for sale in high-growth Conroe, Texas.
      1110 League Line Road, Conroe, TX 77303
      View Details
    • $574,999
      2,165 SF

      Commercial Property Near Woodlands Parkway

      2,165 sqft property on 0.39 acres near major highways.
      27226 Robinson Rd, Conroe, TX 77385
      View Details
    • $985,000
      12,811 SF

      Conroe Commercial Property on Hwy 105

      Versatile commercial property with warehouse, office, and expansion potential.
      2751 E Davis, Conroe, TX
      View Details
    • $895,000
      6,818 SF

      Renovated Office Building in Conroe

      Fully renovated office building in Downtown Conroe, completed in 2025.
      729 N Frazier Street, Conroe, TX
      View Details
    • $574,999
      2,165 SF

      Retail Opportunity Near Woodlands Parkway

      2,165 SF property near I-45 and Woodlands Parkway.
      27226 Robinson Rd, Conroe, TX 77385
      View Details
    • $465,000

      Unrestricted Property with Barn and Garage

      Six-acre unrestricted property featuring a ranch home, barn, and garage.
      10905 Rose Royal Dr, Conroe, TX 77303
      View Details
    • $997,500
      4,484 SF

      Conroe Office Building on I-45

      Office building with frontage on I-45 in Conroe, Texas.
      3989 N Interstate 45 N, Conroe, TX
      View Details
    • Contact for pricing
      6,864 SF

      Restaurant Site on Interstate 45

      Conroe, Texas restaurant property with high visibility on I-45.
      2050 Interstate 45 N, Conroe (Houston MSA), TX 77301
      View Details
    • $350,000

      Private Retreat on Wooded Acreage

      Charming cottage on 4.229 acres with multiple structures.
      14016 Calhoun, Conroe, TX 77302
      View Details
    • $3,677,500
      4,026 SF

      Conroe Office Space For Lease

      Office space available in a convenient Conroe business park.
      2525 N Frazier St, Conroe, TX
      View Details
    • $16
      55,000 SF

      Professional/Medical Office Complex For Sale

      Professional and medical office complex centrally located with excellent visibility.
      2245-2255 N Loop 336 W, Conroe, TX 77304
      View Details
    • $3,742,500
      8,220 SF

      New Office Spaces in Conroe

      Brand new office spaces available for lease in Conroe, TX.
      2517 N Frazier St, Conroe, TX
      View Details

    FAQs

    What type of property is this?
    Warehouse - Proposed industrial warehouse space for sale, customizable to your needs.
    Where is this warehouse located?
    The property is located at 3705 Hilltop Dr Conroe, TX.
    What are key features of this property?
    This property features: Strategic location with quick access to Hwy 75, Wally Wilkerson Pkwy, I‑45, FM 3083, N Loop 336, and Highway 105.; Proposed build‑to‑suit industrial warehouse offering flexible sizing from 5,500 to 25,030 SF.; Heavy power capability with **800 Amps and 3‑phase electrical system.**
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Robert Graham
    Robert Graham
    Real Estate License ID: TX 466722
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3705 Hilltop Dr, Conroe, TX 77303
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!