2323 N Frazier St Conroe, TX 77303
Conroe Corporate Row Phase II offers a prime 30,000-square-foot industrial space in the desirable Woodlands/Conroe submarket. This Class B, single-story building, constructed in 2022, sits on 1.7 acres and boasts a 28-foot ceiling height. The property is divisible, with a minimum leasable space of 15,000 square feet and a maximum contiguous space of 30,000 square feet, offering flexibility for various business needs. The building features four dock-high doors and four drive-in doors, ensuring efficient loading and unloading. Power is supplied via a 3-phase system. Conveniently located with frontage on Drennan Road and cross access via N. Frazier Street, the property benefits from easy access to Interstate 45. Zoned for commercial use, this property is ideal for distribution or manufacturing operations. The estimated annual property taxes are $2.92 per square foot. The anticipated completion date is the fourth quarter of 2024. This is a rare opportunity to secure a modern, well-equipped industrial space in a thriving market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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