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2111 Airport Rd 4,862 SF Vacant Retail Building Conroe, TX 77301 $1,300,000 ($267.38/SF) 9.23% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime investment opportunity at 2111 Airport Rd, Conroe, TX! . Offers a seamless transition f
- Offers a seamless transition for any investor.
- Turnkey asset with immediate returns and long-term potential.
- Meticulously maintained 3,872 SF building.
- Spacious open Bar/Lounge.
- Close to Conroe North Industrial Park.
EXECUTIVE SUMMARY
Introducing a prime investment opportunity at 2111 Airport Rd, Conroe, TX! This meticulously maintained and newly renovated 3,872 SF building, is a beacon of stability with its 100% occupancy. Zoned NZ, this property offers a seamless transition for any investor. With a spacious open lounge, this turnkey asset promises both immediate returns and long-term potential. Two residences on site for owner use or rental income. Don't miss this chance to secure a lucrative position in the thriving Conroe area.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
4,862 SF
Building Class
B
Year Built/Renovated
1989/2010
Price
$1,300,000
Price Per SF
$267.38
Cap Rate
9.23%
NOI
$120,000
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
3.00 AC
Zoning
1
Parking
30 Spaces (6.17 Spaces per 1,000 SF Leased)
Frontage
500’ on Airport Rd
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- MAG Construction Bandera LLC
- Services
-
99,999 SF
- -
- -
- The Brand
- Accommodation and Food Services
-
99,999 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| MAG Construction Bandera LLC | Services | 99,999 SF | - | - | ||
| The Brand | Accommodation and Food Services | 99,999 SF | - | - |
PROPERTY TAXES
| Parcel Number | 0002-01-01100 | Improvements Assessment | $679,601 |
| Land Assessment | $277,813 | Total Assessment | $957,414 |
PROPERTY TAXES
Parcel Number
0002-01-01100
Land Assessment
$277,813
Improvements Assessment
$679,601
Total Assessment
$957,414
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2111 Airport Rd
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