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Investment Highlights
- Conroe is growing at a rate of 5.23% annually, has grown nearly 25% since 2020 (worldpopulationreview.com)
- Walmart, HEB, Lowe’s and many other retailers are 1.5 miles or less away
- Easy conversion to general office or medical office space.
- Conroe is 40 miles north of Houston and 10 miles to The Woodlands
- The existing vacancy was improved to a coworking office less than two years ago.
- Value add opportunity for owner/user or owner with tenant-in-tow
Executive Summary
Office/Healthcare building For Sale
Partial Owner User or Value Add Healthcare/Office
Partial Owner User or Value Add Healthcare/Office
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
11,464 SF
Building Class
B
Year Built
1970
Price
$1,718,850
Price Per SF
$149.93
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,729 SF
Building FAR
0.33
Lot Size
0.80 AC
Zoning
1 - Commercial
Parking
26 Spaces (20.95 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Spacious office suite with 5,729 sqft available.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 5,729 SF | Office | Partial Build-Out | Now |
1st Floor
| Size |
| 5,729 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size | 5,729 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Spacious office suite with 5,729 sqft available.
Property Taxes
| Parcel Number | 0002-03-00702 | Improvements Assessment | $747,512 |
| Land Assessment | $145,488 | Total Assessment | $893,000 |
Property Taxes
Parcel Number
0002-03-00702
Land Assessment
$145,488
Improvements Assessment
$747,512
Total Assessment
$893,000
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704 Longmire Rd
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