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Property profile & analytics
OFF-MARKET
Retail space

16875 Fm 1314th Rd Conroe, TX 77302-4843

2,160 SF 0.26 ac lot Built 1984
Individually Owned 26-yr Hold Free & Clear
Property ID
US83-2406233
Property summary
AI-generated overview

This 2.4-acre commercial/industrial land parcel boasts prime frontage on FM 1314 in Conroe, Texas, a rapidly growing city within the Houston-The Woodlands-Sugar Land metropolitan area. The property's strategic location offers easy access to major thoroughfares including SH 242, Grand Parkway 99, and US 59, providing excellent connectivity to Houston and surrounding areas. Existing structures on the site present a unique opportunity for repurposing into retail, office, or mixed-use spaces, catering to the area's expanding population and diverse economy. The property is situated near numerous new developments and established neighborhoods, ensuring high visibility and potential for strong tenant demand. While some restrictions apply, this location offers significant potential for investors and developers seeking a foothold in one of the fastest-growing cities in the US. Conroe itself offers a vibrant community with a diverse economy, encompassing manufacturing, healthcare, retail, and tourism. Residents and visitors enjoy access to Lake Conroe, parks, golf courses, and a thriving downtown area. The property's proximity to The Woodlands and downtown Conroe further enhances its appeal, providing convenient access to amenities and a strong workforce. This exceptional location presents a rare opportunity to capitalize on Conroe's continued growth and development.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Construction STONE
Total area 2,160 SF
Lot 0.26 ac (11,186 SF)
Zoning code 1
APN 2140-02-06500
UPID US83-2406233
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Stephan P Orphan · 26 yrs held
Stephan P Orphan
since 1999
1 recorded transaction
1999
Price N/A
Zoning & alternative use
1 · Conroe, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Development Guide
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