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Property profile & analytics
OFF-MARKET Estimated value $575,000
Retail space

4900 Davis St Conroe, TX 77304-4236

16,764 SF 1.72 ac lot Built 2000
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US83-2333498
Property summary
AI-generated overview

This exceptional retail opportunity presents a 2,020 square foot endcap space within the established Conroe West Shopping Center, located at 4900 W Davis St, Conroe, TX 77304. The property, a single-story Class B building constructed in 2001 and renovated in 2020, offers a total of 16,498 square feet across a 1.72-acre lot. The available space is ideal for a variety of retail uses and features convenient access and ample parking with 40 spaces available for customers and employees. The building is situated in the North submarket of Conroe. This second-generation space is ready for immediate occupancy, providing a turnkey solution for businesses seeking a well-located retail presence. The minimum divisible space is 2,020 square feet, and the maximum contiguous space available is also 2,020 square feet. No elevators are present in this single-story building. This property offers a strong opportunity for businesses looking to establish or expand their presence in a thriving Conroe retail market. The property's location and recent renovations make it an attractive option for businesses seeking a high-visibility location with modern amenities.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2000
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 16,764 SF
Lot 1.72 ac (74,749 SF)
APN 3572-00-00100
UPID US83-2333498
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
  • Tracy Irvine - State Farm Insurance Agent Insurance Agency
  • Safari Heat Tanning Tanning Salon
  • ROCK ‘N ROLL IT SMOKE - VAPE - HEMP - 105 WEST DAVIS (Bike/Boat/Book/etc) Store
  • Beauty Pirate Trading Cosmetic Store
  • Kids R Here Montgomery Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$490k
CAP Approach CAP
by Request
Comparable Approach Comparable
$662k
Blend (final) Blend
$575k
Owner & transaction history
Dromoland Holdings LLC · 7 yrs held
Dromoland Holdings LLC
since 2019
7 recorded transactions
2019
Price N/A
2005
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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