2111 Airport Rd
Conroe, TX 77301
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 15+ CAP RATE
- 2 bars, stage and spacious covered patio
- 1 AC of additional land for development
- Well established bar with upside potential
- Two additional sources of revenue
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bar
Building Size
4,862 SF
Building Class
B
Year Built/Renovated
1989/2010
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
3.00 AC
Zoning
1
Parking
8 Spaces (1.64 Spaces per 1,000 SF Leased)
Frontage
500’ on Airport Rd
ABOUT 2111 AIRPORT RD , CONROE, TX 77301
Tool Time, a well-established Conroe establishment features a 3872 sf Bar with a 1653 sf covered patio, perfect for your next outing, gathering with friends, watching the game. In very good condition, Tool Time features multiple bars, a stage regularly featuring Karaoke, dance floor and a large covered outdoor patio seating area. What’s more? You can expand or create an outdoor venue on the 2-acre tract! Additional revenue stream are provided by two (2) Single family rentals both with long tenured tenants and there is even 1 AC of additional land for development or expansion.
PROPERTY TAXES
| Parcel Number | 0002-01-01100 | Improvements Assessment | $450,520 |
| Land Assessment | $277,810 | Total Assessment | $728,330 |
