Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10673 Fm 1484 Rd Conroe, TX 77303
    Back to Search
    Property profile & analytics

    10673 Fm 1484 Rd, Conroe, TX 77303

    View on Map
    • Flex space
    • 5,000 SF
    • 1.00 lot acres
    Off-Market
    Property ID
    US83-2260907
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Flex space

    Property Details for 10673 Fm 1484 Rd

    Year built
    2000
    Lot size
    1.00 lot acres
    Property type
    Flex space

    Description

    This exceptional 5,000-square-foot flex space, located at 10673 FM 1484 Rd in Conroe, Texas, presents a unique opportunity for businesses seeking a versatile and strategically located property. Completely renovated in 2023, this single-tenant building offers a blend of retail and industrial functionality, ideal for showroom, office, or light industrial uses. The property sits on one acre of land and includes a spacious patio, ample green space, and an additional backyard area, providing both functional and aesthetic appeal. With 35 total parking spaces, ample room is available for employees and clients. The building's Class B designation reflects its well-maintained condition and modern amenities. Its prime location in Montgomery County offers excellent visibility, with over 6,000 vehicles passing daily on FM-1484. The property benefits from its proximity to key business areas, including a prominent business park and Montgomery County Airport, and is conveniently located just a 10-minute drive from Interstate 45 and downtown Conroe. This area is experiencing significant population growth, with a 3.4% annual increase within a 5-mile radius, growing from 31,905 in 2010 to 45,890 in 2023. Projected growth within a 3-mile radius is expected to exceed 10,000 by 2028, indicating a robust and expanding market for businesses in this location. The property's single-story design and convenient access make it an attractive option for a variety of businesses. The building was constructed in 2000 and boasts a 2023 renovation, ensuring modern functionality and aesthetics.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.410188947917
    Latitude
    30.382383628728

    Comparable in this City

    • Contact for pricing

      Future Retail/Office/Flex Space Available

      Lease opportunity in Conroe, TX for future construction.
      1601 N Loop 336 E, Conroe, TX 77303
      View Details
    • Contact for pricing
      1,600 SF

      Conroe Flex Space For Lease

      3,200 SF flex space with highway access in Conroe.
      512 Bryant Rd, Conroe, TX 77303
      View Details
    • Contact for pricing
      10,000 SF

      Conroe Warehouse Space For Lease

      10,000 SF warehouse space available for lease in Conroe, TX.
      1209-1215 Fm 3083 Rd, Conroe, TX 77303
      View Details
    • Contact for pricing
      1,224,498 SF

      Conroe Warehouse with Cross-Dock

      1,224,498 SF cross-dock building divisible to 300,000 SF.
      1375 Conroe Park Dr West, Conroe, TX 77303
      View Details
    • Contact for pricing

      Industrial Warehouse Built to Suit

      Proposed industrial warehouse space for lease near major highways.
      3705 Hilltop Dr, Conroe, TX 77303
      View Details
    • Contact for pricing
      10,000 SF

      Conroe Warehouse Space Available

      10,000 square foot warehouse space for rent in Conroe.
      1209 Farm To Market Rd 3083, Conroe, TX 77303
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      16,000 SF

      Conroe Flex/Industrial Property For Sale

      16,000 sqft flex/industrial property available for purchase.
      507 Bryant Rd, Conroe, TX 77303
      View Details
    • Contact for pricing
      3,121 SF

      New Office/Warehouse Space in Conroe

      New office/warehouse space in a convenient business park location.
      2519 N Frazier St, Conroe, TX 77303
      View Details
    • Contact for pricing

      Conroe Land: Retail, Industrial Potential

      Prime land in Conroe for retail, industrial, or self-storage.
      19160 Fm 1484 Rd, Conroe, TX 77303
      View Details
    • Contact for pricing
      30,000 SF

      Conroe Warehouse with Freeport Exemption

      14,875 SF warehouse with office space and tax benefits.
      N Frazier St @ Frazier Commerce Dr, Conroe, TX 77303
      View Details
    • Contact for pricing
      49,500 SF

      Proposed Warehouse Space Near I-45

      49,500 SF proposed warehouse with I-45 access.
      Frazier Commerce Dr, Conroe, TX 77303
      View Details
    • Contact for pricing

      Industrial Warehouse Built to Suit

      Proposed industrial warehouse space for sale, customizable to your needs.
      3705 Hilltop Dr, Conroe, TX 77303
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Future Retail/Office/Flex Space Available

      Lease opportunity in Conroe, TX for future construction.
      1601 N Loop 336 E, Conroe, TX 77303
      View Details
    • Contact for pricing
      1,600 SF

      Conroe Flex Space For Lease

      3,200 SF flex space with highway access in Conroe.
      512 Bryant Rd, Conroe, TX 77303
      View Details
    • Contact for pricing
      10,000 SF

      Conroe Warehouse Space For Lease

      10,000 SF warehouse space available for lease in Conroe, TX.
      1209-1215 Fm 3083 Rd, Conroe, TX 77303
      View Details
    • Contact for pricing
      1,224,498 SF

      Conroe Warehouse with Cross-Dock

      1,224,498 SF cross-dock building divisible to 300,000 SF.
      1375 Conroe Park Dr West, Conroe, TX 77303
      View Details
    • Contact for pricing

      Industrial Warehouse Built to Suit

      Proposed industrial warehouse space for lease near major highways.
      3705 Hilltop Dr, Conroe, TX 77303
      View Details
    • Contact for pricing
      10,000 SF

      Conroe Warehouse Space Available

      10,000 square foot warehouse space for rent in Conroe.
      1209 Farm To Market Rd 3083, Conroe, TX 77303
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10673 Fm 1484 Rd
    Conroe, TX 77303
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10673 Fm 1484 Rd, Conroe, TX, 77303
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!