10918 FM 1484
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10918 FM 1484
10,566 SF Retail Building Conroe, TX 77303 $2,495,000 ($236/SF) 4.77% Cap Rate
Investment Highlights
- Frontage on FM 1484 Rd
Executive Summary
Triple Net Investment Sale with Triple Net Tenant Dollar General.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,566 SF
Building Class
B
Year Built
2022
Price
$2,495,000
Price Per SF
$236
Cap Rate
4.77%
NOI
$119,012
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.91 AC
Opportunity Zone
Yes
Zoning
F1 - Commercial
Parking
19 Spaces (1.8 Spaces per 1,000 SF Leased)
Frontage
298 FT on FM 1484 Road
PROPERTY TAXES
Parcel Number | 3586-01-00100 | Improvements Assessment | $1,740,749 |
Land Assessment | $759,251 | Total Assessment | $2,500,000 |
PROPERTY TAXES
Parcel Number
3586-01-00100
Land Assessment
$759,251
Improvements Assessment
$1,740,749
Total Assessment
$2,500,000
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Presented by
Waters Turnley Real Estate
10918 FM 1484
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