19786 W Highway 105 W, Montgomery, TX 77356
- Turn key restaurants
- 22,125 SF
- 2.35 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 19786 W Highway 105 W
- Year built
- 2005
- Construction
- FRAME
- Lot size
- 2.35 lot acres
- Zone code
- 3
- Property type
- Turn key restaurants
- APN
- 9492-00-01200
- APU
- 94920001200
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 13, 2017 | — | Colonnade Highway 105 LLC | — | Deed · related | $2.7M · Union Cap Fndg |
| Apr 12, 2016 | — | Ala Education Fund Ltd | Marcel Construction & Maintena | Grant Deed · related | $2.4M · Iberia Bk |
| Mar 22, 2010 | — | Marcel Const & Maintenance Ltd | — | Deed Of Trust · related | $53.3M · Wells Fargo Bank |
| Sep 19, 2005 | — | Marcel Const & Maintenance Ltd | Rhodes,chris | Warranty Deed | $2.5M · Wells Fargo Bank |
| — | — | Marcel Construction & Maintena | — | Loan Modification · related | $2.4M · Wells Fargo Bk |
| — | — | Marcel Const & Maintenance Ltd | — | Deed Of Trust · related | $2.3M · Tidwell Properties INC |
| — | — | Colonnade Highway 105 LLC | — | Deed Of Trust · related | $2.7M · Union Cap Fndg |
| — | — | Montgomery Apartments | — | Deed Of Trust · related | $8.9M · Gmac Commercial Mortgage Bank |
Description
The Colonnade on Lake Conroe, located at 19786 Hwy 105 W in Montgomery, Texas 77356, presents a unique opportunity for retail businesses. This Class C retail center, built in 2005, boasts a total of 27,125 square feet across two buildings, situated on a 2.25-acre lot. The property features seven suites, with two spaces currently available, ranging from 1,875 to 3,000 square feet. Its zoning designation is 3. The center enjoys a high-profile location, benefiting from an average daily vehicle count exceeding 25,000, indicative of a strong and growing market. A significant advantage is the presence of a steady anchor tenant, the Magnolia Diner, contributing to consistent foot traffic and visibility. This makes The Colonnade an ideal location for businesses seeking high exposure and a thriving customer base. The property's multiple tenancy structure offers flexibility for various retail, restaurant, or office uses. This is a prime opportunity to establish or expand a business in a dynamic and rapidly developing area of Montgomery, Texas. The property's location offers excellent accessibility and visibility along Hwy 105 W.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $640,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,447,000
Market price range: $1.45M - $3.62M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Texas
- Longitude
- -95.6664
- Latitude
- 30.3861
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
