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    503 Medical Center Blvd Conroe, TX 77304

    Sponsored
    For Lease
    $19 SF/Yr

    Conroe Medical District, I-45 Access

    Lot size:
    16,137 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This single-story, 16,137 square foot Class B medical office building is situated on 1.92 acres in Montgomery County's thriving Conroe medical district. Built in 2008, the property boasts 75 parking spaces and offers excellent visibility at the corner of Interstate-45 and South Loop 336, directly adjacent to HCA Houston Healthcare Conroe Hospital. Currently, there are two available suites ranging from 1,410 to 2,708 square feet, totaling 4,118 square feet of vacant space. The building features on-site property management and convenient access to fiber internet options. Its prime location benefits from direct access to Interstate-45, ensuring easy ingress and egress. Furthermore, the property enjoys a strategic position across from the 2,000-acre Grand Central Park development by Johnson Development, a planned mixed-use project encompassing significant commercial, retail, and residential components. This presents a unique opportunity to capitalize on the growth and expansion within this rapidly developing area. The building has one story and no elevators. The property is multi-tenant.

    Property Features for 503 Medical Center Blvd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,137 SF
    Class
    B
    Total Rate
    26222.63

    Building Details

    Year Built
    2008
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 125
    Size
    1,410 SF
    Rate per SF
    $19
    Space
    Suite 130
    Size
    2,708 SF
    Rate per SF
    $19

    HighLights

    • 16,137 SF Medical Office Building in Montgomery County, TX
    • Class B, single‑story building constructed in 2008 with 75 parking spaces.
    • 1.92 acres of land, offering high visibility at I‑45 and S Loop 336, adjacent to HCA Houston Healthcare Conroe Hospital.
    • Multiple tenancy with 4,118 SF currently vacant, including two available suites ranging from 1,410 SF to 2,708 SF.
    • On‑site property management and fiber internet access available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aprill Rambarran Family Practice Physician Conroe Aesthetics, Weight ... Medical Spa Estela Rodriguez Alonso Internist Sally Shaver Family Practice Physician Simi Koshy Family Practice Physician

    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
    -95.4660677
    Latitude
    30.2829398

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    FAQs

    What type of property is this?
    Medical office - Conroe Medical District, I-45 Access
    Where is this medical office located?
    The property is located at 503 Medical Center Blvd Conroe, TX.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: 16,137 SF Medical Office Building in Montgomery County, TX; Class B, single-story building constructed in 2008 with 75 parking spaces.; 1.92 acres of land, offering high visibility at I-45 and S Loop 336, adjacent to HCA Houston Healthcare Conroe Hospital.
    Request Owner's contact information
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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
    503 Medical Center Blvd Conroe, TX 77304
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