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3660 Fm-1488 Rd
Conroe, TX 77384
Community Resource Credit Union · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Modern retail building with ±4,391 SF of improvements on ±1 acre
- Covered drive-thru window and four additional drive-thru lanes
- No floodplain issues and financial use restriction in place
- Built in 2015 with contemporary design and infrastructure
- 35 on-site parking spaces for customer convenience
EXECUTIVE SUMMARY
This former financial institution property offers a prime retail opportunity in the growing Magnolia market. Positioned along FM 1488, the site benefits from excellent visibility and convenient access to surrounding residential communities and retail destinations. The property includes a modern, single-story building constructed in 2015, featuring a covered drive-thru window and four additional drive-thru lanes, making it ideal for financial services, quick-service restaurants, or other drive-thru-oriented concepts.
The site spans approximately one acre and provides 35 dedicated parking spaces, ensuring ample customer convenience. With no floodplain issues and a well-maintained structure, the property is ready for immediate occupancy or redevelopment. Its strategic location within a vibrant retail corridor, anchored by national brands and essential services, enhances long-term value and operational potential.
This asset represents a rare opportunity to acquire a high-quality building with flexible design in a strong suburban market. Whether for owner-occupancy or investment, the property’s combination of location, accessibility, and existing infrastructure positions it as a compelling choice for retail users seeking a competitive edge.
The site spans approximately one acre and provides 35 dedicated parking spaces, ensuring ample customer convenience. With no floodplain issues and a well-maintained structure, the property is ready for immediate occupancy or redevelopment. Its strategic location within a vibrant retail corridor, anchored by national brands and essential services, enhances long-term value and operational potential.
This asset represents a rare opportunity to acquire a high-quality building with flexible design in a strong suburban market. Whether for owner-occupancy or investment, the property’s combination of location, accessibility, and existing infrastructure positions it as a compelling choice for retail users seeking a competitive edge.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
4,391 SF
Building Class
B
Year Built
2012
Price
$3,500,000
Price Per SF
$797.08
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
4.51 AC
Parking
35 Spaces (7.97 Spaces per 1,000 SF Leased)
Frontage
95’ on Fm-1488 Rd
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 6252-00-00100 | Improvements Assessment | $903,800 |
| Land Assessment | $871,200 | Total Assessment | $1,775,000 |
PROPERTY TAXES
Parcel Number
6252-00-00100
Land Assessment
$871,200
Improvements Assessment
$903,800
Total Assessment
$1,775,000
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