Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    35502 Fm 149 Rd Pinehurst, TX 77362

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $37 SF/Yr ($6,783 /Mo)

    Texas Retail/Office Space For Lease

    Lot size:
    2,200 SF

    Property Features for 35502 Fm 149 Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,200 SF
    Total Rate
    6783.33

    Spaces For Lease

    at 35502 Fm 149 Rd, Pinehurst, TX 77362 Contact us
    Unit End Cap

    $37 /Mo

    Size
    2,200 SF
    Contact us

    We can help!

    Listing Contact
    Lorenzo Neal

    Listing Agency: Resolut RE Listing Agent: Lorenzo Neal

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional Pinehurst, Texas retail center at 35502 FM 149, zip code 77362, offers a versatile space ideal for a variety of businesses. The property encompasses a total of 2,200 square feet, currently entirely vacant and available for lease. The flexible layout allows for multiple tenancy options, with a minimum leasable space of 900 square feet and a maximum contiguous space of 2,200 square feet, providing adaptability to suit diverse business needs. The property is classified as both retail and office space, making it suitable for a range of uses, including executive offices and restaurants. Its location in Pinehurst, Texas offers excellent accessibility and visibility, providing a strategic advantage for any business seeking a prominent presence in this thriving community. The property's convenient location, combined with its flexible space options, presents a unique opportunity for businesses seeking a well-situated and adaptable commercial space. This is a rare chance to secure a substantial, fully vacant space in a desirable location. Contact us today to learn more about leasing this exceptional property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pinehurst
    County
    Montgomery
    State
    Texas
    Longitude
    -95.6820778
    Latitude
    30.1714503

    Nearby Similar for Lease

    • $18 SF/Yr
      70,000 SF

      New Warehouse Space in Tomball

      Modern warehouse space available for lease in fast-growing Tomball.
      Sh 249, Pinehurst, TX
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space on Highway 249

      Retail space available in high-traffic Pinehurst location.
      32105 State Highway 249, Pinehurst, TX 77362
      View Details
    • Contact for pricing
      4,500 SF

      Retail Space with Shooting Range

      Retail property featuring showroom, offices, and an 80' shooting range.
      35423 Tx-249, Pinehurst, TX
      View Details
    • Contact for pricing
      18,000 SF

      Magnolia Industrial/Flex Space Available

      Versatile 18,000 SF industrial/flex space for lease or sale.
      32629 Decker Industrial Dr, Pinehurst, TX 77362
      View Details

    FAQs

    What type of property is this?
    Restaurant - Texas Retail/Office Space For Lease
    Where is this restaurant located?
    The property is located at 35502 Fm 149 Rd Pinehurst, TX.
    What is the lease rate?
    The lease rate is $37 SF/Yr.
    What are key features of this property?
    This property features: End-cap space with drive-thru, ideal for financial or restaurant use.; High visibility location.; Situated at the signalized intersection of TX 249 and FM 149.
    Request Owner's contact information
    35502 Fm 149 Rd Pinehurst, TX 77362
    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.
    35502 Fm 149 Rd
    Pinehurst, TX 77362
    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
    35502 Fm 149 Rd Pinehurst, TX 77362
    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

    We can help!
    Listing Contact
    Lorenzo Neal
    Real Estate License ID: 795651
    Learn more
    Google sign-in failed. Please try again or use another login method.