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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1612 Frazier St Conroe, TX 77301

2,438 SF Built 1972
Property ID
US83-2345322
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1972
Total area 2,438 SF
UPID US83-2345322
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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