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Property profile & analytics
OFF-MARKET
Lifestyle centers

12335 Fm 1097 Willis, TX 77318

11,937 SF Built 2020
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Year built 2020
Total area 11,937 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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