Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    11291 Darby Loop Conroe, TX 77385
    Back to Search
    Property profile & analytics

    11291 Darby Loop, Conroe, TX 77385

    View on Map
    • Commercial real estate
    • 6.24 lot acres
    Off-Market
    Property ID
    US83-2307478
    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

    • Commercial real estate

    Property Details for 11291 Darby Loop

    Lot size
    6.24 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 6.24-acre commercial property in Conroe, Texas, presents a remarkable investment opportunity. Located at 11291 Darby Loop, Montgomery County, zip code 77385 (30.148939, -95.4237873), this mostly cleared, level lot boasts approximately 600 feet of frontage on Darby Loop. Importantly, the land is situated outside any designated flood zone, minimizing risk and enhancing its desirability. The property includes a well-maintained 3,100 square foot main home and a manufactured home, both of which will remain on the property. Two convenient driveways provide ample access from Darby Loop. The unrestricted nature of the land allows for a wide range of commercial development possibilities, making it an ideal choice for entrepreneurs and investors seeking a versatile and strategically located site. This property offers significant potential for immediate return and long-term growth in a thriving Texas market. The asking price for this exceptional opportunity is $1,300,000.

    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
    -95.4237873
    Latitude
    30.148939

    Comparable in this City

    • Contact for pricing

      Prime SH-242 Frontage Property

      High-traffic location with mixed-use potential near I-45.
      10831 Tx-242, Conroe, TX 77385
      View Details
    • $1,800,000

      Unrestricted Land Near Woodlands Area

      Unrestricted 1.4746 sq ft land suitable for commercial or residential.
      10527 Highway 242, Conroe, TX 77385
      View Details
    • $1,395,000

      2.57 Acres Near Woodforest Stadium

      2.57 acres near Tamina and Research Forest Road.
      18810 Johnson Rd, Conroe, TX 77385
      View Details
    • Contact for pricing

      Conroe Land For Sale

      Land available in Conroe, Texas.
      19059 Main St, Conroe, TX 77385
      View Details
    • Contact for pricing

      Highway 242 Frontage Development Lots

      Two adjacent land lots in a rapidly developing commercial corridor.
      Tbd Fm 242, Conroe, TX 77385
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime SH-242 Frontage Property

      High-traffic location with mixed-use potential near I-45.
      10831 Tx-242, Conroe, TX 77385
      View Details
    • Contact for pricing

      Cleared Land Near Plaza District

      3 acres of cleared commercial land near Oak Ridge North.
      27660 Robinson Rd, Conroe, TX 77385
      View Details
    • $1,990,000
      2 SF

      2.71 AC Land For Sale

      2.71 AC land with frontage on Tamina Road.
      8922 Tamina Rd, Conroe, TX 77385
      View Details
    • $585,000

      Highway Frontage Development Opportunity

      Two adjacent land lots with excellent visibility and access.
      242 Highway 242, Conroe, TX 77385
      View Details
    • Contact for pricing

      Prime Land I-45 Frontage

      15-acre tract with high visibility and access on I-45.
      14815 S Interstate 45 S, Conroe, TX 77385
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land and Office Space Available

      Land and office space for lease.
      14815 I-45, Conroe, TX 77385
      View Details
    • Contact for pricing
      1 SF

      Conroe Office Land Lease Opportunity

      Prime I-45 location, 0.5-acre lot.
      14815 I-45, Conroe, TX 77385
      View Details
    • Contact for pricing

      Retail/Office Space Available in Conroe

      13,500 SF retail/office space near Oak Ridge North Plaza.
      26803 Hanna Rd, Conroe, TX 77385
      View Details
    • Contact for pricing

      Industrial Space For Rent

      Industrial space available for lease at 27610 Commerce Oaks.
      27610 Commerce Oaks Dr, Conroe, TX 77385
      View Details
    • Contact for pricing

      Conroe Flex Space For Rent

      5600 SF flex space with office in Conroe, TX.
      21161 Blair Rd, Conroe, TX 77385
      View Details
    • $12 SF/Yr

      Climate-Controlled Flex Warehouse

      Remodeled office and climate-controlled warehouse with strong power, 22-foot clear height, and multiple overhead doors for flexible operations.
      11200 Cox Rd, Conroe, TX 77385
      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.
    11291 Darby Loop
    Conroe, TX 77385
    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
    11291 Darby Loop, Conroe, TX, 77385
    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!