Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    690 S Loop 336 W Conroe, TX 77304
    Back to Search
    Property profile & analytics

    690 S Loop 336 W Conroe, TX 77304

    View on Map
    • Medical Office Space
    For Lease
    View Listing →
    Conroe Medical Office Space Available For Lease
    Contact for pricing

    Conroe Medical Office Space Available

    Office building adjacent to Conroe Regional Medical Center.

    690 S Loop 336 W, Conroe, TX 77304
    View Listing
    Property ID
    US83-2202732
    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

    • COPC / Hospital
    • Conroe Medical Plaza / Medical Clinic
    • Comp-neuro / Hospital
    • Texas Foot Surgeons, Dr. W. Eric Pack / Physician
    • Solace Women's Care: Farly Sejour, MD, FACOG / Physician

    Property Details for 690 S Loop 336 W

    Year built
    2012
    Property type
    Medical Office Space
    Property subtype
    Commercial real estate

    Description

    Office building located adjacent to Conroe Regional Medical Center. This building has high visibility from South Loop 336 and plenty of parking. Major tenants include OSHA, Kelsey Seybold, Memorial Hermann Sports Medicine, Parkside Surgery Center, and Veterans Affairs. Located at Conroe Medical Drive South off of South Loop 336 in Conroe, Texas. Property is adjacent to several new medical properties and within walking distance to HCA Houston Healthcare Conroe Hospital. Property is easily accessed by Interstate-45 and TX-105 via Loop 336. The property is located across from the approximately 2,000-acre new master planned community, by Johnson Development, Grand Central Park, is a mixed-use development, with major commercial, retail, and a variety of residential.

    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
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.476943
    Latitude
    30.333869

    Comparable in this City

    • Contact for pricing
      359 SF

      Conroe Medical Plaza Office Space

      Office space available in Conroe Medical Plaza, Conroe, Texas.
      3251 Interstate 45 N, Conroe, TX 77304
      View Details
    • Contact for pricing

      Class A Medical Office Space

      New medical office space near HCA Houston Healthcare Conroe.
      1020 Riverwood Ct, Conroe, TX 77304
      View Details
    • Contact for pricing

      Conroe Freestanding Building for Lease

      8,968 SF building on 2.1 acres in Conroe, Texas.
      2101 S Loop 336 W, Conroe, TX 77304
      View Details
    • Contact for pricing

      Finished Office Suite in Conroe

      1,422 SF office suite ideal for medical or professional use.
      1902 Longmire Rd, Conroe, TX 77304
      View Details
    • Contact for pricing
      2,821 SF

      Medical Office Space Available

      Medical office space for lease with ample parking.
      3000 W Davis St, Conroe, TX 77304
      View Details
    • $17 SF/Yr
      8,968 SF

      Woodhaven Medical Plaza: Conroe, TX

      Medical Office Building, 8,968 SF
      2101 Loop 336, Conroe, TX 77304
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Conroe Office Space For Sale

      Office space in Conroe, near Hwy 105 & N. Loop 336.
      1801 W White Oak Ter, Conroe, TX 77304
      View Details
    • Contact for pricing

      Conroe Medical Office Building For Sale

      19,482 SF medical office building in Conroe, Texas.
      1246 North Farm To Market 3083 Rd West, Conroe, TX 77304
      View Details
    • Contact for pricing
      1,754 SF

      Conroe Medical Office Condo

      1,754 SF Medical Office, Prime Location
      303 Longmire Rd, Conroe, TX 77304
      View Details
    • Contact for pricing

      Professional/Medical Office Complex For Sale

      Professional and medical office complex centrally located with excellent visibility.
      2245-2255 N Loop 336 W, Conroe, TX 77304
      View Details
    • Contact for pricing
      8,968 SF

      Conroe Freestanding Building Opportunity

      Multifaceted sale or lease opportunity in Conroe, Texas.
      2101 S Loop 336 W, Conroe, TX 77304
      View Details
    • $1,100,000

      Prime Commercial Land in Conroe

      2.8 acres, ideal for restaurant, fast food, or office.
      6020 Highway 105, Conroe, TX 77304
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      359 SF

      Conroe Medical Plaza Office Space

      Office space available in Conroe Medical Plaza, Conroe, Texas.
      3251 Interstate 45 N, Conroe, TX 77304
      View Details
    • Contact for pricing

      Class A Medical Office Space

      New medical office space near HCA Houston Healthcare Conroe.
      1020 Riverwood Ct, Conroe, TX 77304
      View Details
    • Contact for pricing

      Conroe Freestanding Building for Lease

      8,968 SF building on 2.1 acres in Conroe, Texas.
      2101 S Loop 336 W, Conroe, TX 77304
      View Details
    • Contact for pricing

      Finished Office Suite in Conroe

      1,422 SF office suite ideal for medical or professional use.
      1902 Longmire Rd, Conroe, TX 77304
      View Details
    • Contact for pricing
      2,821 SF

      Medical Office Space Available

      Medical office space for lease with ample parking.
      3000 W Davis St, Conroe, TX 77304
      View Details
    • $17 SF/Yr
      8,968 SF

      Woodhaven Medical Plaza: Conroe, TX

      Medical Office Building, 8,968 SF
      2101 Loop 336, Conroe, TX 77304
      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.
    690 S Loop 336 W
    Conroe, TX 77304
    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

    Thank You for Inquiry
    690 S Loop 336 W, Conroe, TX, 77304
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!