1612 Frazier St Conroe, TX 77301
This exceptional 2,438-square-foot retail building, situated on a 15,000-square-foot lot in Conroe, Texas, presents a compelling opportunity. Located on N Frazier Street, this vacant, single-story, wood-frame structure with a brick veneer boasts over 100 feet of road frontage and excellent visibility. Built in 1972, the property is zoned for a variety of uses, making it ideal for an owner-user seeking to establish or expand their business. The property's prime location within Downtown Conroe places it amidst a thriving retail corridor, surrounded by nationally recognized brands such as McDonald's, Kroger, Walmart, and more. This area boasts strong demographics, with over 96,000 residents, 50,000 daytime employees, and nearly 4,600 businesses within a five-mile radius. Annual consumer spending exceeds $3.4 billion within a ten-mile radius, with nearly $900 million allocated to food and beverage alone. The high concentration of retail employment in the area (nearly 20% of the labor force) provides a substantial potential employee pool. This property offers an owner-user the chance to capitalize on a robust economy and supportive community, or an investor the potential for leasing, repositioning, or redevelopment in a high-demand location. The property's high visibility ensures significant exposure to the over 15,000 vehicles that travel N Frazier Street daily. The adjacent property, a 2,565-square-foot multi-use building, is also available for sale.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.