Technical
Financial
Distress signals
Property profile

131 Trade Center Pkwy Conroe, TX 77385

OFF-MARKET
Office Spaces
Property ID
US83-2343745
10,783 SF 1.18 ac lot Built 1998
Individually Owned 6-yr Hold
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 131 S. Trade Center Pkwy in Conroe, Texas, presents a compelling investment opportunity. The building, constructed in 1998, encompasses a total of 10,783 square feet across two stories, situated on a 1.18-acre lot. The property is zoned for mixed-use and features a well-designed layout combining office and warehouse space. The first floor offers 5,158 square feet of office space, complemented by an additional 2,765 square feet of office space on the second floor. A substantial 2,860 square feet of warehouse space is also included, equipped with two bay doors for convenient loading and unloading. The property boasts a backup generator, ensuring uninterrupted operations. Employee parking is secured within a gated area, while a smaller visitor lot accommodates approximately nine vehicles. The asking price is $1,670,000, translating to $154.87 per square foot. The property's prime location in Conroe's industrial area, conveniently situated off TX 242 and IH-45, offers excellent accessibility and visibility. The building is classified as Class B and is available for occupancy starting January 15, 2024. This property is a single-building, two-story structure, making it an ideal investment for a variety of businesses seeking a blend of office and warehouse functionality. The property's features and location make it a highly attractive option for businesses seeking a strategic presence in the thriving Conroe market.

Property profile

Verified
Property type Office Spaces
Year built 1998
Total area 10,783 SF
Lot 1.18 ac (51,401 SF)
UPID US83-2343745

Cap rate & NOI

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

Location

131 Trade Center Pkwy Conroe, TX 77385
Conroe metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2020
2 recorded transactions
2020
Price N/A
2019
Price N/A

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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