Financial
Distress signals
Property profile

108 Commercial Cir Conroe, TX 77304

FOR LEASE
Commercial real estate
Property ID
US83-2469693
24,956 SF 1.78 ac lot Built 1988
Last sale Jul 2019
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 25,000-square-foot, single-story Class B office building situated on a spacious 1.77-acre lot in Conroe, Texas. Built in 1988, this steel-framed building boasts a durable brick and steel exterior and a recently replaced roof, minimizing maintenance needs. The interior features a well-maintained lobby/lounge area, restrooms, kitchenettes, multiple conference rooms, and a dedicated training room. Conveniently located near IH 45 (115,363 AADT)

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$28k
Tax billed · 2024
Assessed value$1.47M
Assessed land$309k
Assessed improvement$1.16M
Effective rate1.92%

Value estimate

· Sep 2026
$785k
$707k – $864k
Submarket $/SF estimate$2.48M
NOI build-up
Gross scheduled income$501k
Vacancy & credit loss−$110k
Operating expenses−$98k
NOI · 1,836,372.18% cap applied$293k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
1,836,372.18%
$293k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
1
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.1
Food Market10.3
Wholesale Shop10.2

Location

108 Commercial Cir Conroe, TX 77304
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
5603 Sapp, Conroe, TX 77304-4159 $1,867,645 Sep 2023 5,382 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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