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    2001 Traders Rdg Dr Conroe, TX 77301
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    Property profile & analytics

    2001 Traders Rdg Dr Conroe, TX 77301


    • Warehouses
    • 20,000 SF
    • 2.23 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 2001 Traders Rdg Dr

    Year built
    2022
    Lot size
    2.23 lot acres
    Property size
    20,000 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional investment opportunity presents a 20,000-square-foot industrial warehouse ideally situated on a 2.23-acre lot within Conroe's Trader Ridge Business Park. The property boasts a single-tenant, net lease with Sunbelt Solomon, a reputable tenant, under a five-year lease commencing August 1, 2022, and expiring July 31, 2027, leaving approximately 2.7 years remaining. The building, constructed in 2022, is classified as Class B and features a 26-foot ceiling height, three roll-up doors, and is crane-ready. The property includes 20 parking spaces and an on-site detention pond. The building's robust infrastructure includes 3-phase power (800 amps) and a sprinkler system. The asking price is $3,400,000, representing a price per square foot of $170 and a compelling 6.85% cap rate, with a net operating income (NOI) of $232,800. The property's strategic location offers convenient access to major thoroughfares, including Loop 336, FM 3083, and Highway 105. Rent bumps are included in the lease agreement. This is a 1031 exchange eligible property, making it an attractive option for investors seeking tax advantages. The property is zoned N/A. This is an investment-only opportunity; please do not disturb the tenant.


    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
    -95.4292
    Latitude
    30.3359
    More about this property
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