Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    618 Fish Creek Thoroughfare Montgomery, TX 77316
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    618 Fish Creek Thoroughfare Montgomery, TX 77316

    View on Map
    • Shopping centers
    For Lease
    View Listing →
    Multi-Tenant Retail Center For Rent For Lease
    Contact for pricing
    25,256 SF

    Multi-Tenant Retail Center For Rent

    Retail center in Montgomery County with lease-up upside.

    618 Fish Creek Thoroughfare, Montgomery, TX 77316
    View Listing
    Property ID
    US83-2586924
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hallmark Home Mortgage / Loan Service / Bank
    • Poolwerx Conroe / Renovation Specialist / General Contractor
    • Fish Creek Animal Hospital / Veterinary Clinic
    • The Cannon Fish Creek / Coworking & Hybrid Office
    • Revive Biohacking / Gym & Fitness Center / Alternative Medicine Practice

    Property Details for 618 Fish Creek Thoroughfare

    Property type
    Shopping centers
    Property subtype
    Commercial real estate

    Description

    Palo Duro Commercial Partners is proud to exclusively offer for sale a ±25,256 SF multi-tenant retail center in Montgomery County located at 618 Fish Creek Thoroughfare in Montgomery, Texas. This investment opportunity offers consistent cash flow and immediate upside through the lease-up of the remaining second-generation vacancy. With excellent visibility, this property is located at the entrance of Woodforest, a 3,000-acre Master Planned Community with ±5,500 homes. As one of the fastest growing communities with expanding retail and residential growth, this site offers the opportunity to invest in one of the limited commercial retail locations in the immediate submarket.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Texas
    Longitude
    -95.579148
    Latitude
    30.296063

    Comparable in this City

    • Contact for pricing

      Retail Space in Woodforest

      Retail space available for lease in Woodforest, Montgomery, TX.
      810 Pine Market Ave, Montgomery, TX 77316
      View Details
    • $23 SF/Yr
      800 SF

      Retail/Office Space in Montgomery, TX

      Sublease opportunity: 800 SF retail/office space in Montgomery, TX.
      3535 Honea Egypt Rd, Montgomery, TX 77316
      View Details
    • Contact for pricing
      10,194 SF

      Prime Retail Shell Space Available

      Customizable retail space in a rapidly growing area.
      3636 Honea Egypt Rd, Montgomery, TX 77316
      View Details
    • Contact for pricing

      Retail/Medical Space in Woodforest Plaza

      Class A retail or medical space in Montgomery, TX.
      756 Fish Creek Thoroughfare, Montgomery, TX 77316
      View Details
    • Contact for pricing
      4,175 SF

      Retail Space in Woodforest Community

      New retail space for lease in master-planned Woodforest community.
      760 Fish Creek Thoroughfare, Montgomery, TX 77316
      View Details
    • Contact for pricing
      3,800 SF

      Retail Space in Woodforest Community

      Available retail endcap spaces in master-planned Woodforest community.
      791 Fish Creek Thoroughfare, Montgomery, TX 77316
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Space in Woodforest

      Retail space available in a master-planned community.
      810 Pine Market Ave, Montgomery, TX 77316
      View Details
    • Contact for pricing
      25,256 SF

      The Park at Fish Creek

      Montgomery Retail Center - Value Add
      618 Fish Creek Thoroughfare, Montgomery, TX 77316
      View Details
    • Contact for pricing
      84,942 SF

      Corner Lot for Retail/Gas

      Corner lot suitable for retail or gas station development.
      1756 Mccaleb Rd, Montgomery, TX 77316
      View Details
    • Contact for pricing

      Retail/Office Space For Sale

      Retail and office space available for lease in Montgomery, TX.
      895 Fish Creek Thoroughfare, Montgomery, TX 77316
      View Details
    • $1,277,130

      Retail Development Land For Sale

      Corner lot suitable for retail development on McCaleb Road.
      1756 Mccaleb Rd, Montgomery, TX 77316
      View Details
    • $899,000

      Land in Perfection Ranch

      6 acres in Perfection Ranch with equestrian and lake amenities.
      24077 Old Dobbin Plantersvil Rd, Montgomery, TX 77316
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Woodforest

      Retail space available for lease in Woodforest, Montgomery, TX.
      810 Pine Market Ave, Montgomery, TX 77316
      View Details
    • Contact for pricing

      Retail/Medical Space in Woodforest Plaza

      Class A retail or medical space in Montgomery, TX.
      756 Fish Creek Thoroughfare, Montgomery, TX 77316
      View Details
    • Contact for pricing
      4,175 SF

      Retail Space in Woodforest Community

      New retail space for lease in master-planned Woodforest community.
      760 Fish Creek Thoroughfare, Montgomery, TX 77316
      View Details
    • Contact for pricing
      3,800 SF

      Retail Space in Woodforest Community

      Available retail endcap spaces in master-planned Woodforest community.
      791 Fish Creek Thoroughfare, Montgomery, TX 77316
      View Details
    • Contact for pricing
      10,000 SF

      Woodforest Professional Plaza II Pre-Leasing

      10,000 SF build-to-suit retail or medical space for lease.
      756 Fish Creek Thoroughfare, Montgomery, TX 77316
      View Details
    • $23 SF/Yr
      800 SF

      Retail/Office Space in Montgomery, TX

      Sublease opportunity: 800 SF retail/office space in Montgomery, TX.
      3535 Honea Egypt Rd, Montgomery, TX 77316
      View Details
    View Listing
    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.
    618 Fish Creek Thoroughfare
    Montgomery, TX 77316
    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.
    Sign Up Successful!
    You now have access to more from Realmo!