3301 W Davis St | Conroe, TX 77304
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3301 W Davis St
Conroe, TX 77304
Conroe Plaza · Retail Property For Sale
Investment Highlights
- HEALTHY MARK-TO-MARKET RENT OPPORTUNITY | 5.54% 5-YEAR CAGR | WEIGHTED AVG RENT IS OVER 20% BELOW MARKET
- WELL-POSITIONED ALONG CONROE’S PRIMARY EAST-WEST THOROUGHFARE : SANDWICHED IN BETWEEN HEB AND I-45
- AFFLUENT HIGH GROWTH DEMOGRAPHICS | 22% POPULATION GROWTH SINCE 2020 | $116,444 AVG HH INCOME
- 100% LEASED TO STRONG TENANT MIX
Executive Summary
New to Market: Directly Across from Conroe High School | Frontage on Conroe's Primary East-West Thoroughfare Seeing 42,000 VPD | Healthy Tenant Mix with Low Rents
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,946 SF
Building Class
B
Year Built
2006
Price
$3,761,190 CAD
Price Per SF
$473 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.70 AC
Zoning
F-1
Parking
44 Spaces (5.54 Spaces per 1,000 SF Leased)
Frontage
105 ft on Tx-105 Hwy
Amenities
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 0002-03-04900 | Improvements Assessment | $1,063,323 CAD |
| Land Assessment | $343,077 CAD | Total Assessment | $1,406,400 CAD |
PROPERTY TAXES
Parcel Number
0002-03-04900
Land Assessment
$343,077 CAD
Improvements Assessment
$1,063,323 CAD
Total Assessment
$1,406,400 CAD
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