12335 Fm 1097 Willis, TX 77318
This exceptional investment opportunity presents a fully leased, Class B shopping center totaling 11,937 square feet, situated at 12335 FM 1097 in Willis, Texas, zip code 77318, within Montgomery County. Built in 2020, the property boasts a 100% occupancy rate with a modified lease structure across multiple tenants. The asking price is $3,900,000, translating to $326.72 per square foot. The center features a unique hybrid retail/industrial design, incorporating three retail spaces at the front and three warehouse bays at the rear, catering to a diverse tenant mix. Its prime location offers convenient access to Interstate 45 and the popular Lake Conroe, benefiting from the area's rapid growth and numerous nearby dining establishments. An added advantage is the availability of spare land, presenting potential for future development, such as a food truck park, to generate additional income streams. This property represents a compelling investment in a thriving Texas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.