Entity Owned Property summary
This exceptional investment opportunity presents a fee-simple ownership interest in a 10,566 square foot Dollar General store, constructed in 2022, located at 10918 FM 1484 Rd, Conroe, Texas 77303. The property sits on a 2.905-acre lot in a high-traffic area, boasting excellent visibility at the intersection of FM 1484 and FM 2432, with combined daily traffic exceeding 18,000 vehicles. The property benefits from a 15.1-year Absolute NNN lease with Dollar General Corporation, a credit-rated… tenant with a corporate guarantee, providing significant financial stability and minimizing landlord responsibilities. The lease commenced April 6, 2022, and has a remaining term of 12.4 years, with three 5-year renewal options, each including a 10% rental rate increase. The current annual net operating income (NOI) is $119,088, resulting in a 4.77% cap rate and a price per square foot of $236.13. The property's zoning is commercial, and the sale includes full ownership. This investment is ideally suited for a 1031 exchange buyer or passive investor seeking a stable, high-yield, and low-maintenance income stream in a rapidly growing area of Texas. Conroe's robust population growth, exceeding 43.21% within a 3-mile radius from 2010 to 2023, further enhances the long-term value and potential of this asset. The property's location, tenant strength, and lease terms combine to offer a compelling investment opportunity with significant upside potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 10,566 SF
- Lot area
- 2.91 ac
- Year built
- 2022
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Ownership
- Owner Contacts
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- Value Estimation
- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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