Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Downtown Montgomery Office and Retail Title is generated by Realmo AI

    21105 Eva St, Montgomery, TX 77356

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

    Premier office and retail property in historic downtown Montgomery.

    Type:Office, Retail
    Added:
    May 23, 2022
    Days on Market:
    1455
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for 21105 Eva St

    General Information

    Standard status
    Active
    Property subtype
    Office, Retail

    Building Details

    Year Built
    2006

    Spaces For Lease

    at 21105 Eva St Contact us

    Suite 220 $19/Mo

    Size
    1,741 SF
    Type
    Office, Retail
    Fully built out corner suite available. Space layout includes lobby/ reception area,...
    show more
    Contact us

    We can help!

    Listing Contact
    Barkley Dominey
    Barkley Dominey

    Listing agent Barkley Dominey License #TX 612403

    Listing office ProMed Management Services Inc

    Listing date May 23, 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 ProMed Management Services Inc

    HighLights

    • High visibility location on TX‑105 in downtown Montgomery.
    • Diverse tenant mix including financial, medical, and retail businesses.
    • Established property well‑known in the Montgomery community.
    • Inspired by historic Texas architecture.
    • Located at the intersection of TX‑105 and Pond St, one block from FM 149.
    • Across from Cedar Brake Park.

    Overview

    This premier office property, inspired by historic Texas buildings, is situated in the center of downtown Montgomery, Texas, the birthplace of the Texas flag. The property is located one block west of FM 149, at the southwest corner of the TX-105 and Pond St. intersection, and across TX-105 from Cedar Brake Park. It enjoys excellent visibility from the busy TX-105 and is well-known in the Montgomery community. The property accommodates a variety of businesses, including financial services, medical, oil & gas, construction services, a BBQ restaurant, and retail spaces.
    Location Intelligence

    Current Use by Public Records

    Wallingford Dentistry Dental Office Edward Jones - Financial ... Financial Advisor Dr. James Wallingford Dental Office Home Loans With ... Loan Service Christina Scansen Real Estate Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Dental Office Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Texas
    Longitude
    -95.690327
    Latitude
    30.389175

    Nearby Similar for Lease

    • $23 SF/Yr
      800 SF

      Retail/Office Space in Montgomery, TX

      Sublease opportunity: 800 SF retail/office space in Montgomery, TX.
      3535 Honea Egypt Rd, Montgomery, TX
      View Details
    • $30 SF/Yr
      1,320 SF

      Retail Space in High-Traffic Area

      Retail space with high visibility and ample parking.
      15295 Highway 105, Montgomery, TX
      View Details
    • Contact for pricing
      10,000 SF

      Woodforest Professional Plaza II Pre-Leasing

      10,000 SF build-to-suit retail or medical space for lease.
      756 Fish Creek Thoroughfare, Montgomery, TX, 77316
      View Details
    • Contact for pricing
      3,109 SF

      Class A Medical Office Building

      Modern, two-story medical office building completed in Q4 2020.
      750 Fish Creek Thoroughfare, Montgomery, TX, 77316
      View Details
    • Contact for pricing
      42,000 SF

      Medical Office Building Pre-Leasing

      Proposed 42,000 SF medical office building for lease.
      2080 Central Pine Street, Montgomery, TX, 77316
      View Details
    • $16 SF/Yr
      10,194 SF

      Prime Retail Shell Space Available

      Customizable retail space in a rapidly growing area.
      3636 Honea Egypt Road, Montgomery, TX
      View Details
    • Contact for pricing
      4,609 SF

      Retail Space in Woodforest Community

      New retail space for lease in master-planned Woodforest community.
      760 Fish Creek Thoroughfare, Montgomery, TX
      View Details
    • Contact for pricing
      6,000 SF

      New Flex/Industrial Units Available

      Flex/industrial units in rapidly growing area, ideal for contractors.
      7781 Adoue Rd, Montgomery, TX 77316
      View Details
    • Contact for pricing

      Retail Center in Growing Area

      New retail center in Montgomery/Conroe area available for lease.
      18184 Highway 105, Montgomery, TX 77356
      View Details
    • $2 SF/Yr
      1,125 SF

      Prime Retail Space in Montgomery

      Commercial space in high-traffic area, ideal for retail/office.
      19794 Hwy 105, Montgomery, TX
      View Details
    • Contact for pricing
      6,000 SF

      Versatile Flex Space in Montgomery

      Office, warehouse, and flex-space available near downtown Montgomery, Texas.
      15349-15604 Summit Park Dr, Montgomery, TX 77356
      View Details
    • Contact for pricing
      1,950 SF

      Retail Space in Montgomery, Texas

      Retail property with 1950 square feet available for rent.
      15444 Hwy 105, Montgomery, TX
      View Details

    FAQs

    What type of property is this?
    Office building - Premier office and retail property in historic downtown Montgomery.
    Where is this office building located?
    The property is located at 21105 Eva St Montgomery, TX.
    What are key features of this property?
    This property features: High visibility location on TX‑105 in downtown Montgomery.; Diverse tenant mix including financial, medical, and retail businesses.; Established property well‑known in the Montgomery community.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Barkley Dominey
    Barkley Dominey
    Real Estate License ID: TX 612403
    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
    21105 Eva St, Montgomery, TX 77356
    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!