12080 Fm 3083 RdConroe, TX 77301

Property Details for 12080 Fm 3083 Rd

Year built

2003

Lot size

1.76 AC

Property size (Sq ft)

20,834 SF

Property type

Warehouses

Property subtype

Industrial properties

Description

This ±20,834 square foot industrial warehouse, situated on a 1.757-acre lot in Conroe, Texas, presents a compelling investment opportunity. Built in 2003, the Class B property features two buildings, including a main warehouse with professional offices, a conference room, break room, employee restrooms, and eight 16-foot roll-up doors. A smaller, detached warehouse is also located on the property. The main building boasts 20-foot ceilings and is climate-controlled with heavy power (800A/600VAC/250VDC). The property includes a fully concrete-stabilized yard with a fenced rear laydown area and ample parking for 20 vehicles. Currently vacant, this fee-simple property offers flexible terms, with seller financing available. The asking price is $2,500,000, representing a price per square foot of $120 and a pro-forma cap rate of 6.67%, yielding a pro-forma NOI of $166,672. The property is zoned for commercial buildings and is conveniently located in the SE 336 Loop section of Conroe, north of downtown Houston and The Woodlands, near I-45 and SH-59/69. This multi-tenant opportunity is ideal for owner-users or investors seeking a strong return. Nine dock-high doors provide efficient loading and unloading capabilities. The property's location within a primarily industrial district offers easy access to major transportation routes.

Location Insight

City

Conroe

County

Montgomery

State

Texas

Latitude

30.2973

Longitude

-95.3897

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