Unrestricted Office
For Sale
Contact for pricing
9617 FM 149, Montgomery, TX 77316
A residential-style building offers flexible business use on FM 149.
Property Size1,439 SF
Price / SF$326.62
Days on Market34
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Property Features for 9617 FM 149
General Information
Standard status
Active
Size
1,439 SF
Property subtype
OFFICE
Additional Details
Road Access
Yes
Listing Agency:
Century 21 Realty Partners
(281) 252-4122
Listed By:
Linda Glenn
(832) 928-4103
Source:
Moodyscre
Added: Sep 12
Changed: Oct 15
Last Checked: Oct 15 at 2:27AM
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 Century 21 Realty Partners
Investment Insights
Based on property information with market context.
This 1,439-square-foot residential-style building has fresh interior paint and newly installed bathtub fixtures. The property is described as unrestricted, with office use among the stated possibilities.
Fronting FM 149, the property is less than 5 miles from downtown Montgomery. The existing house and unrestricted status provide the core physical and land-use details for consideration.
Fronting FM 149, the property is less than 5 miles from downtown Montgomery. The existing house and unrestricted status provide the core physical and land-use details for consideration.
Key Highlights
- 1,439‑square‑foot building
- Unrestricted property
- Located on FM 149
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,870
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,400
$337.4K
Cap Rate 7%
$241,000
$241.0K
Cap Rate 9%
$187,444
$187.4K
Market Conditions
NOI Build-Up for 1,439 SF
Gross rent
$28.8K $20.04/SF
− Vacancy
−$6.3K −$4.41/SF
EGI
$22.5K $15.63/SF
− OpEx
−$5.6K −$3.91/SF
NOI
$16.9K $11.72/SF
Area
Montgomery County, TX
Vacancy
22.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,400
Cap Rate 7%
$241,000
Cap Rate 9%
$187,444
Alternative Uses
Best Use
Office B
$241.0K
$210.9K – $281.2K
NOI $16,870 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$363.3K
$317.9K – $423.8K
NOI $25,430 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
Demographics for 77316, TX
30,598
Population
11,879
Households
2.6
Avg Household Size
40
Median Age
44%
College-Educated
96%
High-School Grad
129.0 sq mi
ZIP Area
237
Density / Sq Mi
$129,418
Median Household Income
$63,663
Median Earnings
$1,419
Median Rent
$396,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A residential-style building offers flexible business use on FM 149.
Where is this office building located?
The property is located at 9617 FM 149 Montgomery, TX.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: 1,439‑square‑foot building; Unrestricted property; Located on FM 149
