Corner-Lot Office
904 HOUSTON ST, Conroe, TX 77301
For Sale
Contact for pricing
Professional office property near the Montgomery County Courthouse and downtown Conroe.
Property Size2,152 SF
Lot Size0.33 Acres
Price / SF$197.49
Days on Market99
Property Features for 904 HOUSTON ST
General Information
Standard status
Size
Lot size
Property subtype
Investment Type
Building Details
Buildings
Units
Listing Agency:
Connect Realty
Listed By:
David Boatner · License TX #315137
(713) 206-7775
Source:
Crexi
Added: Aug 6
Changed: Nov 4
Last Checked: Nov 12 at 7:35AM
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 Connect Realty
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Investment Insights
Based on property information with market context.
Located at 904 Houston Street, this professional office building contains approximately 2,152 square feet on a 0.33-acre corner lot. The property was formerly occupied by a law firm and offers a functional configuration for professional office operations.
The site is in historic Conroe, minutes from the Montgomery County Courthouse and downtown. Its setting supports consideration by attorneys, accountants, insurance agencies, title companies, financial advisors, medical practices, counseling practices, and other professional office users.
The site is in historic Conroe, minutes from the Montgomery County Courthouse and downtown. Its setting supports consideration by attorneys, accountants, insurance agencies, title companies, financial advisors, medical practices, counseling practices, and other professional office users.
Key Highlights
- Approximately 2,152 square feet of office space
- 0.33‑acre corner lot
- Former law firm occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,229
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,580
$504.6K
Cap Rate 7%
$360,414
$360.4K
Cap Rate 9%
$280,322
$280.3K
Market Conditions
NOI Build-Up for 2,152 SF
Gross rent
$43.1K $20.04/SF
− Vacancy
−$9.5K −$4.41/SF
EGI
$33.6K $15.63/SF
− OpEx
−$8.4K −$3.91/SF
NOI
$25.2K $11.72/SF
Area
Montgomery County, TX
Vacancy
22.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,580
Cap Rate 7%
$360,414
Cap Rate 9%
$280,322
Alternative Uses
Best Use
Office B
$360.4K
$315.4K – $420.5K
NOI $25,229 @ 7.0% cap · market cap 5.94%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$543.3K
$475.4K – $633.8K
NOI $38,029 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,714
Businesses Nearby
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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
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Market
Properties on Market for Office buildings in Conroe
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Professional office property near the Montgomery County Courthouse and downtown Conroe.
Where is this office building located?
The property is located at 904 HOUSTON ST Conroe, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Approximately 2,152 square feet of office space; 0.33‑acre corner lot; Former law firm occupancy
