Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    8055 Cowl Spur Ct Conroe, TX 77304

    • Land
    • 4.40 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 8055 Cowl Spur Ct

    Lot size
    4.40 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 4.4-acre industrial land parcel is located at 8055 Cowl Spur Ct, Conroe, TX 77304, in Montgomery County. Offered at $999,000, this property presents a unique opportunity for industrial development. Situated within the Egypt Creek Business Park, this is the last available lot, making it a highly desirable investment. The property boasts convenient access to infrastructure, including readily available 3-phase power, water, and high-speed internet connectivity. A significant advantage is the absence of any required on-site detention pond, streamlining the development process and reducing costs. The location is within the City of Conroe ETJ (Extra Territorial Jurisdiction), offering potential benefits related to city services and regulations. Furthermore, its proximity to major transportation arteries is a key benefit, with Interstate 45 approximately 5.5 miles away, ensuring efficient logistics and accessibility for businesses. The APN is 526719. This lot is ideal for businesses seeking a strategic location for industrial development in a thriving area. Don't miss this chance to secure the last available lot in this sought-after business park.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.5584
    Latitude
    30.323

    Comparable in this City

    • Value Estimation by Request
      8.79 Acres

      13262 Tx-105

      Land • 8.79 Acres
      13262 Tx-105, Conroe, TX 77304
      View Details
    • Value Estimation by Request

      Sgt Ed Holcomb Blvd

      Land
      0 Sgt Ed Holcomb Blvd, Conroe, TX 77304
      View Details
    • Value Estimation by Request

      Conroe TX Anderson Rd

      Land
      Conroe TX Anderson Rd, Conroe, TX 77304
      View Details
    • Value Estimation by Request
      33.60 Acres

      Sgt Ed Holcomb Blvd

      Land • 33.60 Acres
      0 Sgt Ed Holcomb Blvd, Conroe, TX 77304
      View Details
    • Value Estimation by Request
      0.99 Acres

      Https //Maps.app.goo.gl/Poz8Wgmcn29Zoxyv6

      Restaurants • 43,211 SF
      0 Https //Maps.app.goo.gl/Poz8Wgmcn29Zoxyv6, Conroe, TX 77304
      View Details
    • Value Estimation by Request

      5620 Sapp Rd

      Land
      5620 Sapp Rd, Conroe, TX 77304
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      33.60 Acres

      Conroe Land: 33.6 Acres, 3 Parcels

      Prime Conroe land, ideal for mixed-use development.
      0 Sgt Ed Holcomb Blvd, Conroe, TX 77304
      View Details
    • Contact for pricing
      0.99 Acres

      Lake Conroe Commercial Pad Site

      Prime Retail/Industrial Land, High Traffic
      0 Https //Maps.app.goo.gl/Poz8Wgmcn29Zoxyv6, Conroe, TX 77304
      View Details
    • $2,967,307

      Conroe Commercial Land Investment

      10+ Acres, High-Growth Conroe, TX
      0 Sgt Ed Holcomb Blvd, Conroe, TX 77304
      View Details
    • $1,000,000

      Conroe TX: 4.62 Acres Unrestricted

      Prime 4.6-acre tract, multi-use potential.
      5620 Sapp Rd, Conroe, TX 77304
      View Details
    • $1,655,000

      Conroe Commercial Land Tract C

      8 Acres, High-Growth Conroe, TX
      Conroe TX Anderson Rd, Conroe, TX 77304
      View Details
    • Contact for pricing
      8.79 Acres

      Conroe Commercial Land - 8.79 Acres

      Highway 105 frontage, prime development land.
      13262 Tx-105, Conroe, TX 77304
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      100,000 SF

      Conroe Medical Office Building

      High-Visibility Medical Office Space Available
      690 Loop 336, Conroe, TX 77304
      View Details
    • $15 SF/Yr
      8,968 SF

      Conroe Office Building For Sale

      8,968 SF Office/Medical Space, 2.1 Acres
      2101 Loop 336, Conroe, TX 77304
      View Details
    • Contact for pricing
      9,940 SF

      Conroe Warehouse with Secured Yard

      9,940 SF warehouse with stabilized yard and dual access.
      1120 Fm 3083 Rd, Conroe, TX 77304
      View Details
    • Contact for pricing
      13,280 SF

      Industrial Buildings with Outside Storage

      Warehouses with office space and easy highway access for lease.
      2047 Teas Nursery Rd, Conroe, TX 77304
      View Details
    • $12 SF/Yr
      45,500 SF

      Conroe Industrial Warehouse Space

      Highway 105 prime location, divisible warehouse
      5457 Davis St, Conroe, TX 77304
      View Details
    • $12 SF/Yr
      6,600 SF

      Conroe Office/Warehouse Space Available

      Office/warehouse space featuring offices, break room, and insulated warehouse.
      6421-6515 Highway 105 W, Conroe, TX 77304
      View Details
    Request Owner's contact information
    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.
    8055 Cowl Spur Ct
    Conroe, TX 77304
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.