Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    15270 Tx-105 Montgomery, TX 77356
    Back to Search
    Property profile & analytics

    15270 Tx-105 Montgomery, TX 77356

    View on Map
    • Retail properties & Spaces
    • 15,945 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 15270 Tx-105

    Property size
    15,945 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Office properties & Spaces

    Description

    Waterpoint Shopping Center offers exceptional office space opportunities in Montgomery, Texas, within the vibrant Waterpoint lifestyle center. This 15,945 square foot building features a mix of traditional and executive office suites, perfect for businesses of various sizes. Currently, 13,413 square feet of space is available, divisible into units as small as 304 square feet, with a maximum contiguous space of 2,143 square feet. Five individual spaces are currently available for lease. The property is strategically located at 15270 TX-105, Montgomery, TX 77356, in Montgomery County, offering convenient access to Highway 105 and the bustling Lake Conroe market. The larger Waterpoint Center boasts a diverse mix of retail shops, waterfront restaurants, and luxury condos, creating a thriving and attractive environment for businesses. This prime location provides excellent visibility and accessibility for your business, capitalizing on the high traffic generated by the surrounding residential and recreational areas. The property's multi-tenant configuration offers flexibility and a collaborative atmosphere. Don't miss this chance to establish your business in a dynamic and well-established community. Contact us today to learn more about available spaces and lease terms.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Texas
    Longitude
    -95.5929
    Latitude
    30.3579

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      Pine Lake Rd

      Lifestyle centers • 1.00 Acre
      0 Pine Lake Rd, Montgomery, TX 77356
      View Details
    • Value Estimation by Request
      2,412 SF

      21012 Eva St

      Churches & religious facilities • 2,412 SF
      21012 Eva St, Montgomery, TX 77356
      View Details
    • Value Estimation by Request
      4,500 SF

      22453 Fm 1097 Rd

      Restaurants • 4,500 SF
      22453 Fm 1097 Rd, Montgomery, TX 77356
      View Details
    • Value Estimation by Request
      50,000 SF

      18390 Fm 1097 Rd

      Restaurants • 50,000 SF
      18390 Fm 1097 Rd, Montgomery, TX 77356
      View Details
    • Value Estimation by Request
      96,504 SF

      6421-6529 Highway 105

      Distribution properties • 96,504 SF
      6421-6529 Highway 105, Conroe, TX 77356
      View Details
    • Value Estimation by Request

      16495 Tx-105

      Medical Office Space
      16495 Tx-105, Montgomery, TX 77356
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      27,075 SF

      Retail Property in Montgomery, Texas

      Retail property with 27,075 square feet of space.
      19786 W Highway 105 W, Montgomery, TX 77356
      View Details
    • $1,627,401

      Commercial Property on Hard Corner

      Commercial property on a hard corner with traffic light.
      2305 Lone Star Pkwy, Montgomery, TX 77356
      View Details
    • Contact for pricing
      80,586 SF

      Office Building with 80,586 SqFt

      Office building for sale, featuring 80,586 square feet of space.
      19281 State Highway 105 W, Montgomery, TX 77356
      View Details
    • Contact for pricing
      27,075 SF

      Retail Center on Lake Conroe

      Fully occupied retail center with highway frontage in Montgomery, Texas.
      19786 State Highway 105 W, Montgomery, TX 77356
      View Details
    • Contact for pricing
      10,800 SF

      Montgomery Commercial Property on FM 2854

      10,800 SF commercial property with existing tenant income.
      20820 Fm 2854 Rd, Montgomery, TX 77356
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space Near Lake Conroe

      Office space for rent near Lake Conroe and Hwy 105.
      165 Lone Star Pkwy, Montgomery, TX 77356
      View Details
    • Contact for pricing

      Move-in Ready Retail/Restaurant Space

      Two spaces for lease with excellent location and visibility.
      16145 State Highway 105 W, Montgomery, TX 77356
      View Details
    • Contact for pricing

      Downtown Montgomery Office and Retail

      Premier office and retail property in historic downtown Montgomery.
      21105 Eva St, Montgomery, TX 77356
      View Details
    • Contact for pricing

      Commercial Suites in Montgomery, Texas

      Shopping center with office and retail suites for lease.
      16955 Walden Rd, Montgomery, TX 77356
      View Details
    • Contact for pricing

      New Construction Office/Retail Building

      New construction office/retail building with spaces from 1200 SF.
      15325 Summit Park Dr, Montgomery, TX 77356
      View Details
    • Contact for pricing

      Montgomery Flex Space For Lease

      Versatile property with office and warehouse spaces in prime location.
      18920 Freeport Dr, Montgomery, TX 77356
      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.
    15270 Tx-105
    Montgomery, TX 77356
    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

    Thank You for Inquiry
    15270 Tx-105, Montgomery, TX, 77356
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!