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Property profile & analytics
OFF-MARKET
Office buildings
17431 Fm 1314th Rd Conroe, TX 77302-4855
Individually Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-2400327
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2019
Construction
FRAME
Total area
1,440 SF
Lot
8.62 ac (375,531 SF)
Zoning code
1
APN
4910-00-00500
UPID
US83-2400327
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
Current use
Occupant on record · Public records
-
Four Oaks Village RV Park Campground & RV Park
-
Dowell Pest Control Conroe Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
George R Martinez · 12 yrs held
George R Martinez
since 2014
7 recorded transactions
Zoning & alternative use
1 · Conroe, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Conroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conroe submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$23,902
Tax year 2024
Assessed value
$1,405,070
Assessed 2024
Previous assessed
$1,504,140
-6.6% YoY
Effective rate
1.70%
On assessed value
Assessed land
$565,250
Assessed improvement
$839,820
Land market value
$565,250
Improvement market value
$839,820
Total market value
$1,405,070
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2019
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Bathrooms
4
Total area
1,440 SF
Lot
8.62 ac (375,531 SF)
Zoning code
1
APN
4910-00-00500
UPID
US83-2400327
Jurisdiction
MONTGOMERY
Zoning & alternative use
1 · Conroe, TX
Zoning 1 · permitted uses
1 · Conroe, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conroe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
4
Lot
8.62 ac
Current owner
From public records · entity-resolved
George R Martinez
Individual
Free & Clear · 12 yrs held
Mailing address
4747 RESEARCH FRST DR STE #180, SPRING, TX 77381-4902
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2025
—
Bacmar LLC
—
Deed
related
$2,000,000 · First Fidelity Bank
Jun 12, 2019
—
Marbac LLC
—
Deed
related
$332,859 · Spirit Of Tx Bk Ssb
Jun 11, 2019
—
Marbac LLC
—
Deed
related
$641,613 · Spirit Of Tx Bk Ssb
Nov 15, 2017
—
Marbac LLC
—
Deed
related
$653,744 · Spirit Of Tx Bk Ssb
Jan 13, 2014
—
George R Martinez
Mccoy,leonard SR
Warranty Deed
—
Oct 12, 2010
—
Leonard N Mccoy SR.
Larilynn Machart
Special Warranty Deed
$229,500 · Bank Of America NA
—
—
Marbac LLC
—
Loan Modification
related
$332,859 · Spirit Of Tx Bk Ssb
—
—
Marbac LLC
—
Loan Modification
related
$641,613 · Spirit Of Tx Bk Ssb
—
—
Leonard N Mccoy SR.
—
Deed Of Trust
related
$111,348 · Bank Of America
—
—
Marbac LLC
—
Deed Of Trust
related
$653,744 · Spirit Of Tx Bk Ssb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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