Technical
Financial
Distress signals
Property profile

100 Hilbig Rd Conroe, TX 77301

OFF-MARKET
Warehouses
Property ID
US83-2306143
15,060 SF 1 ac lot Built 1983
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 12,000-square-foot industrial property in Conroe, Texas, presents a compelling investment opportunity. Located at 100 Hilbig Road, this Class C facility boasts a prime location less than 1.7 miles from Interstate 45, ensuring convenient access to major transportation routes. The property comprises two buildings, offering a flexible layout suitable for various uses. The main building features 12,000 square feet of space, with the potential for subdivision into three separate units (6,000 SF, 3,000 SF, and 3,000 SF), catering to diverse tenant needs. Built in 1983, the property includes a 14-foot clear height, three loading docks, five grade-level bay doors (four 10'x12' and one 16'x12'), and ample parking for 30 vehicles. The property also benefits from 220 Amp/3-phase power, city water and sewer services, and is situated within Conroe city limits. An additional 960-square-foot building is currently leased, providing immediate rental income. The one-acre lot offers significant potential for future expansion or development. The asking price is $1,150,000, translating to $95.83 per square foot. This multi-tenant facility represents a strong value proposition in a thriving Texas market. APN: 77163.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1983
Total area 15,060 SF
Lot 1 ac (43,560 SF)
Zoning code 1
APN 3445-00-03100
UPID US83-2306143

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Employment Agency
  • Corporate Office
  • Building Supply General Contractor
  • Law Firm
  • Professional Services

Location

100 Hilbig Rd Conroe, TX 77301-1523
Conroe metro Census 693904 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$580k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$580k

Owner & transaction history

since 2025
Last sale
$650,000
5 recorded transactions
2025
$650,000
2016
Price N/A
2015
Price N/A
2014
Price N/A
1969
Price N/A

Zoning & alternative use

1 · Conroe, TX
Top alternative use upside
Retail stores $1.0M +15.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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