Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    27350 Blueberry Hl Dr Conroe, TX 77385-8963

    • Office buildings
    • 103,288 SF
    • 3.71 lot acres
    OFF-MARKET
    Value Estimations
    $1,075,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-2445999
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Business Staffing Inc / Recruiter / Employment Agency
    • TBS Home Services Bug Stoppers Pest Control / Pest Control Service
    • The Bugstoppers / Pest Control Service
    • GenX Solar Power / Solar Energy Company
    • Lifted Salon / Hair Salon

    Property Details for 27350 Blueberry Hl Dr

    Year built
    1984
    Lot size
    3.71 lot acres
    Property size
    103,288 SF
    Property type
    Office buildings
    APN
    0350-00-05420
    APU
    3500005420

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,075,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.44
    Latitude
    30.1655
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $68,854
    $484,823
    $2,615,177
    $3,100,000
    -
    $484,823
    $2,615,177
    $3,100,000

    Comparable in this City

    • Value Estimation
      $1,055,000
      91,225 SF

      19241 David Memorial Dr

      OFFICE BUILDING • 91,225 SF
      19241 David Memorial Dr, Shenandoah, TX 77385-8786
      View Details
    • Value Estimation
      $320,000
      7,000 SF

      8601 Fawn Trl

      OFFICE BUILDING • 7,000 SF
      8601 Fawn Trl, Conroe, TX 77385-3306
      View Details
    • Value Estimation
      $255,000
      7,474 SF

      200 Lexington Ct

      OFFICE BUILDING • 7,474 SF
      200 Lexington Ct, Conroe, TX 77385-7725
      View Details
    • Value Estimation
      $645,000
      20,400 SF

      16753 Donwick Dr

      OFFICE BUILDING • 20,400 SF
      16753 Donwick Dr, Conroe, TX 77385-3674
      View Details
    • Value Estimation
      $255,000
      0.05 Acres

      18736 Centro Main St

      OFFICE BUILDING • 0.05 Acres
      18736 Centro Main St, Shenandoah, TX 77385-5613
      View Details
    • Value Estimation
      $915,000
      2,670 SF

      8787 Shenandoah Park Dr

      OFFICE BUILDING • 2,670 SF
      8787 Shenandoah Park Dr, Shenandoah, TX 77385-5030
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      23,380 SF

      Office and Industrial Building

      Office and industrial building for sale or lease.
      27316 Spectrum Way, Conroe, TX 77385
      View Details
    • $1,800,000

      11 Acres Conroe, TX Commercial Land

      Prime 11-acre tract near The Woodlands. Mixed-use potential.
      411 Springwood Dr, Conroe, TX 77385
      View Details
    • Contact for pricing
      740 SF

      Shenandoah Office Condominium For Sale

      Office condominium in Shenandoah with easy access to major routes.
      250 Ed English Dr, Conroe, TX 77385
      View Details
    • Contact for pricing
      813 SF

      Shenandoah Medical Office Condo

      813 SF Office, Prime Location
      256 Ed English Dr, Shenandoah, TX 77385
      View Details
    • $1,800,000
      7,000 SF

      Warehouse and Office in Conroe

      7,000 SF warehouse with office space near The Woodlands.
      8601 Fawn Trl, Conroe, TX 77385
      View Details
    • $574,999
      2,165 SF

      Retail Opportunity Near Woodlands Parkway

      2,165 SF property near I-45 and Woodlands Parkway.
      27226 Robinson Rd, Conroe, TX 77385
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      78,626 SF

      Conroe Office Space for Rent

      Office space with on-site amenities and easy highway access.
      19221 Interstate 45 North | Shenandoah, Conroe, TX 77385
      View Details
    • $600,000
      2,612 SF

      Industrial Office Warehouse For Lease

      Versatile industrial office warehouse with easy access to I-45.
      16815 Donwick Dr, Conroe, TX 77385
      View Details
    • $19 SF/Yr
      6,300 SF

      Woodlands Ridge Business Park Space

      Modern Flex & Industrial Space in Oak Ridge North
      28310 Robinson Rd, Oak Ridge North, TX 77385
      View Details
    • $14 SF/Yr
      9,621 SF

      Woodlands Ridge Business Park

      Modern Flex Space, Oak Ridge North
      28322 Robinson Rd, Conroe, TX 77385
      View Details
    • Contact for pricing
      1 SF

      Conroe Office Land Lease I-45

      Prime 1.5-acre commercial land lease.
      14815 I-45, Conroe, TX 77385
      View Details
    • $14 SF/Yr
      9,621 SF

      Woodlands Ridge Business Park Space

      Modern Conroe industrial space for lease.
      28330 Robinson Rd, Conroe, TX 77385
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    27350 Blueberry Hl Dr
    Conroe, TX 77385-8963
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.