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    5403 Farm To Market 1488 Conroe, TX 77384

    For Lease
    $27 SF/Yr

    Prime Retail Space in The Woodlands Area

    Lot size:
    10,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Rainbow Plaza offers exceptional retail space for lease in Montgomery County, Texas. This 10,300 square foot multi-tenant building, constructed in 2000, boasts a highly visible location at the southwest corner of FM 1488 Road and Sweetgum Lane, providing excellent access and exposure. Two spaces are currently available, offering flexibility for various business types. One space offers 900 square feet, while a second, larger end-cap space totals 1,469 square feet and presents the potential for a drive-thru. Both spaces are considered second-generation and are available for immediate occupancy. The property benefits from a high traffic count, with approximately 46,500 vehicles traveling east on FM 1488 daily and approximately 41,200 vehicles traveling west, according to 2022 TxDOT data. This strategic location is near the entrance to The Woodlands, a renowned master-planned community. Pylon signage is also available, enhancing visibility and brand recognition. The minimum divisible space is 900 square feet, with a maximum contiguous space of 1,469 square feet. A total of 2,369 square feet is currently vacant. Contact for lease rates and further information.

    Property Features for 5403 Farm To Market 1488

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,300 SF
    Total Rate
    23175

    Building Details

    Year Built
    2000

    Unit(s) available at that property

    Space
    Suite-A
    Size
    900 SF
    Space
    Suite B
    Size
    1,469 SF
    Rate per SF
    $27

    HighLights

    • 10,300 SF retail center in Montgomery County with multiple tenancies available.
    • Two available spaces: 900 SF and 1,469 SF (end cap with drive‑thru potential).
    • Excellent visibility and access from FM 1488, near The Woodlands.
    • High traffic count: ±46,500 VPD (East) and ±41,200 VPD (West) on FM 1488.
    • Immediate occupancy; pylon signage available; rates upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.5476608
    Latitude
    30.224391

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space in The Woodlands Area
    Where is this retail property located?
    The property is located at 5403 Farm To Market 1488 Conroe, TX.
    What is the lease rate?
    The lease rate is $0.00-$27 SF/Yr.
    What are key features of this property?
    This property features: 10,300 SF retail center in Montgomery County with multiple tenancies available.; Two available spaces: 900 SF and 1,469 SF (end cap with drive-thru potential).; Excellent visibility and access from FM 1488, near The Woodlands.
    Request Owner's contact information
    5403 Farm To Market 1488 Conroe, TX 77384
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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
    5403 Farm To Market 1488 Conroe, TX 77384
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