704 Longmire Rd Conroe, TX 77304

This two-story, 11,458-square-foot Class B medical/office building in Conroe, Texas, presents a compelling value-add investment opportunity. Located at 704 Longmire Rd, this multi-tenant property boasts a 50% occupancy rate, anchored by Cole Pediatrics, a long-term tenant occupying half the building with 2.5 years remaining on their lease. Built in 1980, the building features 27 parking spaces and is conveniently situated less than half a mile from major roadways including North Loop 336, Highway 105, and Interstate 45, ensuring easy access for patients and staff. The property includes a recently renovated coworking space (less than two years old), easily adaptable to either general office or medical use. Conroe's robust growth, with a 5.23% annual increase and nearly 25% growth since 2020, positions this asset for significant future appreciation. Its proximity to The Woodlands (10 miles) and major retailers (within 1.5 miles) further enhances its desirability. This property offers potential for both owner-occupancy and lease-up of the vacant space, making it an ideal investment for those seeking a strong return on investment in a rapidly expanding market. The building consists of one structure with two stories.