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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Office buildings
22397 White Oak Dr Conroe, TX 77306-8859
Entity Owned
6-yr Hold
Free & Clear
Property ID
US83-2466260
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Total area
19,916 SF
Lot
3.28 ac (142,877 SF)
Zoning code
1
APN
0419-00-09900
UPID
US83-2466260
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
-
Packard International Inc Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$638k
Blend (final)
Blend
$515k
Owner & transaction history
2727 Harrisburg Holdings LLC · 6 yrs held
2727 Harrisburg Holdings LLC
since 2020
6 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
Method
Estimation
Statistic approach
by Request
ML approach
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$515k
Range $464k – $567k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$26 / SF
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 2023Property tax & assessments
Tax year 2023
Tax billed
$14,416
Tax year 2023
Assessed value
$888,987
Assessed 2024
Previous assessed
$830,000
+7.1% YoY
Effective rate
1.62%
On assessed value
Assessed land
$142,868
Assessed improvement
$746,119
Land market value
$142,868
Improvement market value
$746,119
Total market value
$888,987
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
2006
Heating
NONE
Cooling
NONE
Buildings
3
Bathrooms
1
Total area
19,916 SF
Lot
3.28 ac (142,877 SF)
Zoning code
1
APN
0419-00-09900
UPID
US83-2466260
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
2006
Heating
NONE
Cooling
Yes
Buildings
3
Bathrooms
1
Lot
3.28 ac
Current owner
From public records · entity-resolved
2727 Harrisburg Holdings LLC
Entity
Free & Clear · 6 yrs held
Mailing address
22397 WHITE OAK DR, CONROE, TX 77306-8859
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2020
—
2727 Harrisburg Holdings LLC
Packard International INC
Warranty Deed
—
Jul 11, 2005
—
Packard International INC
—
Trustees Deed
related
$50,000 · Amegy Bank NA
—
—
Packard International INC
—
Deed Of Trust
related
$50,000 · Amegy Bank NA
—
—
Antoine Deeb
—
Deed Of Trust
related
$76,000 · Bank Of America
—
—
Packard International INC
—
Deed Of Trust
related
$90,000 · Amegy Bank NA
—
—
International Packard
—
Deed Of Trust
related
$365,000 · Southwest Bank Of Texas
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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