5452 Davis St Conroe, TX 77304
- Medical offices
- 19,466 SF
Current Use by Public Records
- Alamo Title Company / Title Company
- Jobe Systems / Corporate Office
Property Details for 5452 Davis St
- Year built
- 2006
- Property size
- 19,466 SF
- Property type
- Medical offices
Description
This exceptional 19,466 square foot Class B medical office building, located at 5452 W Davis St, Conroe, Texas 77304, presents a compelling investment opportunity. Built in 2006, the property sits on a substantial 79,714.87 square foot lot and boasts a strong 5.98% capitalization rate, generating a net operating income (NOI) of $260,317.28. Currently 100% occupied under a multi-tenant NNN lease structure, this asset offers a stable income stream with significant upside potential. The asking price is $4,350,000, translating to a price per square foot of $223.47. Situated in Montgomery County, this property benefits from a prime location within the thriving Conroe market. The building's size and configuration are ideal for a variety of medical practices, ensuring long-term value and consistent cash flow. Detailed financial information and further specifics are available upon request. This is a rare opportunity to acquire a high-performing medical office building in a desirable Texas location. Don't miss out on this exceptional investment prospect.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Conroe
- County
- Montgomery
- State
- Texas
- Longitude
- -95.518793
- Latitude
- 30.339217
