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Property profile & analytics
FOR SALE
Automotive properties

815 E Davis St Conroe, TX 77301

4,260 SF 0.48 ac lot Built 1965
Individually Owned 11-yr Hold ~ Est. High Equity
Property ID
US83-2401586
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully occupied, single-tenant auto shop in Conroe, Texas. The property encompasses two metal buildings totaling approximately 5,700 square feet on a .88-acre lot with Highway 105 frontage, conveniently located just half a mile from downtown Conroe. Building one offers approximately 4,500 square feet, while building two provides an additional 1,200 square feet of space. The property features a substantial stabilized concrete/rock laydown area, ideal for storage or operations. Security is enhanced by a fully fenced perimeter with two gated entrances, ensuring ample accessibility for 18-wheeler traffic. Built in 1965 and renovated in 2016, this Class C property boasts four units and is currently 100% occupied, with an occupancy date of April 10, 2024. The property sits on a 20,908.8 square foot lot and is zoned for permitted uses. This owner-user redevelopment opportunity offers significant potential for growth and return on investment in a thriving Texas market. The property is ready for immediate occupancy.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1965
Total area 4,260 SF
Lot 0.48 ac (20,695 SF)
Zoning code 1
APN 0526-01-05310
UPID US83-2401586
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
  • Ray Burgess, PLLC Mediation Service
  • Teligistics Business Management Consultant
  • B & M Car Co Car Dealership
  • Ronnie's Auto Sales Car Dealership
  • Brayton Construction Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Richard Dodson · 11 yrs held
Richard Dodson
since 2014
1 recorded transaction
2014
Price N/A
Zoning & alternative use
1 · Conroe, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Development Guide
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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