Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,185,000
Retail space
3099 College Park Dr Conroe, TX 77384-8022
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US83-2590858
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2009
Construction
FRAME
Total area
9,556 SF
Lot
0.97 ac (42,166 SF)
APN
9700-09-00100
UPID
US83-2590858
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
-
Salon Dosha Hair Salon Nail Salon
-
Image Makers Co Hair Salon Nail Salon
-
Stephanie's Nail Parlor Nail Salon
-
Biogime Skin Care Hair Salon Nail Salon
-
Colorwaves Studio, Paul Mitchell Salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.19M
Owner & transaction history
Woodlands Uptown Salons Ltd · 18 yrs held
Woodlands Uptown Salons Ltd
since 2008
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+105.9%
Restaurant
$1.1M
+57.6%
Warehouse, storage
$905,000
+25.2%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$720,000
Current use
COMMERCIAL (GENERAL)
$1,485,000
Change: +106% · Conversion: Easy
RESTAURANT
$1,135,000
Change: +58% · Conversion: Easy
WAREHOUSE, STORAGE
$905,000
Change: +25% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$865,000
Change: +20% · Conversion: Difficult
AUTO REPAIR, GARAGE
$855,000
Change: +18% · Conversion: Difficult
OFFICE BUILDING
$765,000
Change: +6% · Conversion: Easy
Blend value · Realmo final
$1.19M
Range $1.07M – $1.30M · ±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
$124 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$33,210
Tax year 2024
Assessed value
$2,175,000
Assessed 2024
Previous assessed
$2,000,000
+8.8% YoY
Effective rate
1.53%
On assessed value
Assessed land
$758,988
Assessed improvement
$1,416,012
Land market value
$758,988
Improvement market value
$1,416,012
Total market value
$2,175,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2009
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Total area
9,556 SF
Lot
0.97 ac (42,166 SF)
APN
9700-09-00100
UPID
US83-2590858
Jurisdiction
MONTGOMERY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$720,000
COMMERCIAL (GENERAL)
Est. value
$1.5M
RESTAURANT
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$905,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$865,000
AUTO REPAIR, GARAGE
Est. value
$855,000
OFFICE BUILDING
Est. value
$765,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Lot
0.97 ac
Current owner
From public records · entity-resolved
Woodlands Uptown Salons Ltd
Individual
Mailing address
3303 PINECANDLE DR, SPRING, TX 77388-5252
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2020
—
Woodlands Uptown Salons Ltd
—
Deed
related
$5,300,000 · Community Bk/tx
Apr 25, 2019
—
Uptown Salons The Woodlands Lt
—
Deed
related
$1,769,974 · Community Bk/tx
Jul 25, 2008
—
Woodlands Uptown Salons Ltd
Houston Spine & Rehabilitation
Grant Deed
$640,000 · Vista Bank
Oct 1, 2007
—
Owner Name Unavailable
Hsm College Park Land Ltd
Grant Deed
related
—
Mar 14, 2005
—
Hsm College Park Land Ltd
College Park Partners
Quit Claim Deed
related
—
—
—
Uptown Salons The Woodlands Lt
—
Loan Modification
related
$1,769,974 · Community Bk/tx
—
—
Woodlands Uptown Salons Ltd
—
Deed Of Trust
related
$187,132 · Vista Bank
—
—
Woodlands Uptown Salons Ltd
—
Deed Of Trust
related
$2,123,113 · Community Bk/tx
—
—
Woodlands Uptown Salons Ltd
—
Deed Of Trust
related
$187,132 · Vista Bank
—
—
Woodlands Uptown Salons Ltd
—
Deed Of Trust
related
$2,168,527 · Vista Bank
—
—
Woodlands Uptown Salons Ltd
—
Deed Of Trust
related
$1,781,395 · Vista Bank
—
—
Woodlands Uptown Salons Ltd
—
Deed Of Trust
related
$1,781,395 · Vista Bank
—
—
Woodlands Uptown Salons Ltd
—
Loan Modification
related
$1,918,646 · Community Bk/tx
—
—
Woodlands Uptown Salons Ltd
—
Deed Of Trust
related
$5,300,000 · Community Bk/tx
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3099 College Park Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
