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    I-45 Fm 3083 Rd Conroe, TX 77303

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space, ±110,000 SF available.

    Lot size:
    110,099 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Teas Plaza presents a unique investment opportunity in the thriving retail hub of North Conroe, Texas. This commercial property, located at the northeast corner of I-45 and FM 3083 in Montgomery County (zip code 77303), offers a total of 110,099 square feet of retail space across two suites, currently entirely vacant. The minimum divisible space is 52,786 square feet, with a maximum contiguous space of 57,313 square feet. The property sits on a sizable lot ranging from 1.21 to 1.32 acres. Its strategic location benefits from high visibility and accessibility due to its proximity to major roadways, including I-45 and FM 3083. This prime location places the property at the heart of a regional retail center, anchored by established businesses such as JC Penney and CHI St. Luke’s Health. The ongoing development, including a planned Phase II expansion that will add approximately 500,000 square feet, further enhances the property's long-term potential. The area's strong demographics and proximity to both The Woodlands and Dallas, along with Lake Conroe and Conroe-North Houston Regional Airport, create a compelling investment case. This property is ideally suited for a large-scale retailer or a multi-tenant development seeking a prominent location in a rapidly growing market.

    Property Features for I-45 Fm 3083 Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    110,099 SF

    Unit(s) available at that property

    Space
    Pad 1
    Size
    57,313 SF
    Space
    Pad 2
    Size
    52,786 SF

    HighLights

    • High‑traffic location at a major freeway intersection in a rapidly expanding city.
    • Excellent freeway visibility from I‑45.
    • Convenient access via FM 3083 and I‑45 frontage road.
    • Pylon signage opportunity on the frontage road.
    • 1.32‑acre and 1.21‑acre parcels available for purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply 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
    -95.4153165
    Latitude
    30.3173484

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    FAQs

    What type of property is this?
    Land - High-traffic retail space, ±110,000 SF available.
    Where is this land located?
    The property is located at I-45 Fm 3083 Rd Conroe, TX.
    What are key features of this property?
    This property features: High-traffic location at a major freeway intersection in a rapidly expanding city.; Excellent freeway visibility from I-45.; Convenient access via FM 3083 and I-45 frontage road.
    Request Owner's contact information
    I-45 Fm 3083 Rd Conroe, TX 77303
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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
    I-45 Fm 3083 Rd Conroe, TX 77303
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