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2210 N Frazier St
Conroe, TX 77303
Office Property For Sale
Investment Highlights
- Seller Financing Available
- Near-Term Lease-Up Opportunity
- Anchor Tenant With Long-Term NNN Lease
Executive Summary
2210 N Frazier St presents a value-add multi-tenant medical office investment in the heart of Conroe, TX. The 9,000 SF building is currently 55% occupied, offering immediate in-place income with a clear path to stabilization through the lease-up the available space. Upon stabilization, the property provides meaningful upside through increased occupancy and rental growth. Situated on 0.59 acres with a strong 4.44/1,000 SF parking ratio and positioned along the established N Frazier medical corridor, this offering combines durable healthcare tenancy, functional medical infrastructure, and long-term growth potential in a rapidly expanding North Houston submarket.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,000 SF
Building Class
C
Year Built
1972
Price
$1,450,000
Price Per SF
$161.11
Cap Rate
6.17%
NOI
$89,396
Percent Leased
55%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,500 SF
Slab To Slab
12’
Building FAR
0.35
Lot Size
0.59 AC
Zoning
1 - none
Parking
40 Spaces (4.44 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Wheelchair Accessible
- Central Heating
- Common Parts WC Facilities
- Air Conditioning
Property Taxes
| Parcel Number | 2590-00-00820 | Improvements Assessment | $371,550 |
| Land Assessment | $77,100 | Total Assessment | $448,650 |
Property Taxes
Parcel Number
2590-00-00820
Land Assessment
$77,100
Improvements Assessment
$371,550
Total Assessment
$448,650
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