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10855 Highway 242

5,422 SF Retail Building Conroe, TX 77385 $1,750,000 ($323/SF)

Investment Highlights

  • 4,000 square foot free-standing retail building
  • Hwy 242 Frontage
  • Additional Land for Development
  • 100% Leased
  • Situated on 1.76 acres of land
  • Sale-Leaseback or Outright Sale

Executive Summary

Don't miss this opportunity to own a 5,422 square foot free-standing retail building on 1.76 acres of prime commercial real estate. The property is currently 100% occupied, making it a great investment for potential buyers. Owner is willing to consider a Sale-Leaseback arrangement or an outright sale, providing flexibility for interested parties.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,422 SF
Building Class
B
Year Built/Renovated
2002/2023
Price
$1,750,000
Price Per SF
$323
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.76 AC
Zoning
6
Parking
40 Spaces (7.38 Spaces per 1,000 SF Leased)
Frontage
91 FT on Tx-242 Hwy

Amenities

  • Pylon Sign

Nearby Major Retailers

Five Guys
Regions Bank
Starbucks
H-E-B Foods
Happy Lemon
Dutch Bros Coffee
Mayweather Boxing + Fitness
Freebirds World Burrito

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0597-00-02110
Land Assessment
$614,020
Improvements Assessment
$359,130
Total Assessment
$973,150
  • Listing ID: 33380692

  • Date on Market: 10/2/2024

  • Last Updated:

  • Address: 10855 Highway 242, Conroe, TX 77385

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