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    OFF-MARKET
    Retail properties & Spaces

    224 Frazier St, Conroe, TX 77301

    12,763 SF 0.29 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail property at 224 N Frazier St, Conroe, TX 77301, offers 12,763 square feet on a 0.293-acre corner lot in the heart of downtown. The building boasts a desirable location with excellent visibility and high traffic counts, benefiting from easy access to I-45 and Highway 105. Currently 76% leased, the property includes a 5,606 square foot freestanding building, a 1,250 square foot metal building/warehouse with two roll-up doors, and ample office and storage space. Existing tenants include a Cricket Wireless store (650 sq ft) and a barbershop (600 sq ft), leaving approximately 1,300 square feet of space available, ideal for storage or warehouse use. The property features approximately 97 feet of frontage on N Frazier St with two curb cuts. Situated outside the floodplain and designated as an Opportunity Zone, this property presents a compelling investment opportunity for a variety of retail, showroom, or service-based businesses. The asking price is $1,500,000, translating to $117.53 per square foot.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 12,763 SF
    Lot 0.29 ac (12,763 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
    Current use
    Occupant on record · Public records
    • Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
    • H - Wheel & Tire (Bike/Boat/Book/etc) Store Auto Parts Store
    • Barber Chop Barber Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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