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Property profile & analytics
OFF-MARKET
Retail space

18438 Hwy 105th W Montgomery, TX 77356-6045

9,375 SF 0.84 ac lot Built 2003
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US83-2453733
Property summary
AI-generated overview

This 9,375 square foot retail center, built in 2003, offers a prime location on Hwy 105 West. The property features a single, one-story building with 18 parking spaces and is situated on a 0.85-acre lot. Currently, there is one available end-cap space totaling 1,850 square feet, ideal for a variety of retail uses. This second-generation space benefits from high visibility due to its frontage along Hwy 105 and convenient cross-access with an adjacent Spec's store, ensuring significant foot traffic. The center's strategic location near Lake Conroe, a major draw for the Houston metropolitan area, provides access to a large and diverse customer base. The property's multiple tenancy structure offers flexibility and potential for synergistic businesses. This presents a unique opportunity for businesses seeking high visibility and convenient access to a thriving community. The property includes no elevators.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Construction FRAME
Total area 9,375 SF
Lot 0.84 ac (36,634 SF)
APN 9092-00-00400
UPID US83-2453733
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Henry & Collin LLC · 8 yrs held
Henry & Collin LLC
since 2018
3 recorded transactions
2018
Price N/A
2017
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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