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    1614 Frazier St Conroe, TX 77301

    For Sale
    $400,000

    Prime Conroe location, high-traffic area, flexible use.

    Property size:
    2,592 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 2,592 square foot freestanding steel retail building in Conroe, Texas, presents a compelling investment opportunity. Located at 1614 N Frazier Street, this Class C property sits on approximately 0.26 acres and boasts prime road frontage with exceptional visibility on a high-traffic thoroughfare, experiencing over 15,000 vehicles daily. The building is currently vacant and offers flexible use options, suitable for flex space, quick-service restaurants (QSR), or traditional office use. The asking price is $400,000, translating to $154.32 per square foot. This owner-user opportunity is ideally situated near numerous nationally recognized retailers, including McDonald's, Kroger, Walmart, Sam's Club, Target, Home Depot, and Subway. The surrounding area demonstrates strong demographics, with over 96,000 residents, 50,000 daytime employees, and nearly 4,600 businesses within a five-mile radius. Average household income exceeds $111,000 annually, and total consumer spending surpasses $3.4 billion annually within a ten-mile radius. The property's location offers significant potential for leasing, repositioning, or redevelopment, making it an attractive investment for both owner-users and investors seeking to capitalize on a thriving commercial market. The building is available for occupancy on May 28, 2024. An adjacent property, a former fast-food restaurant, is also available for sale.

    Property Features for 1614 Frazier St

    General Information

    Property type
    Restaurants
    Square Feet
    2,592 SF
    Class
    C

    Building Details

    Units
    1

    HighLights

    • Vacant freestanding flex building on a 0.26‑acre lot with excellent road frontage and visibility in Conroe, TX.
    • Ideal owner‑user or investor opportunity for leasing, repositioning, or redevelopment.
    • Excellent location near numerous restaurants, retailers, and businesses.
    • High visibility to over 15,000 vehicles daily on N. Frazier Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.464061
    Latitude
    30.326119

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    FAQs

    What type of property is this?
    Restaurant - Prime Conroe location, high-traffic area, flexible use.
    Where is this restaurant located?
    The property is located at 1614 Frazier St Conroe, TX.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Vacant freestanding flex building on a 0.26-acre lot with excellent road frontage and visibility in Conroe, TX.; Ideal owner-user or investor opportunity for leasing, repositioning, or redevelopment.; Excellent location near numerous restaurants, retailers, and businesses.
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    Conroe, TX 77301
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    Realmo Value Estimation

    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.

    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.

    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
    1614 Frazier St Conroe, TX 77301
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