262 Beach Airport RdConroe, TX 77301

  • Warehouses
  • 6,750 SF

Property Details for 262 Beach Airport Rd

Year built
1984
Lot size
0.55 AC
Property size (Sq ft)
6,750 SF
Zone code
1
Property type
Warehouses
APN
0539-01-01802
APU
5390101802

Description

This exceptional investment opportunity presents a 5,500-square-foot industrial property in Conroe, Texas, ideally suited for a sale-leaseback transaction. Located at 262 Beach Airport Rd, Montgomery County, 77301, this single-building property sits on a 0.55-acre lot. The building boasts an 18-foot ceiling height, making it suitable for various distribution, manufacturing, or warehouse operations. The warehouse space features three 12-foot wide by 14-foot high overhead doors, ensuring efficient loading and unloading. The property includes a climate-controlled and insulated warehouse, enhancing operational efficiency and product preservation. Office space is also included, comprising a kitchen, bullpen/conference area, private offices, and multiple restrooms, providing ample space for administrative functions. A 5-year absolute NNN lease is in place, offering a secure and predictable income stream with an attractive 8% cap rate. The tenant has a proven track record, having operated successfully at this location for over 12 years. This sale-leaseback opportunity provides a compelling combination of strong cash flow and long-term stability, making it an ideal addition to any investment portfolio. The property's location in Conroe, Texas, offers convenient access to major transportation routes and a growing industrial market.

Location Insight

City
Conroe
County
Montgomery
State
Texas
Latitude
30.3237
Longitude
-95.4192
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,151
$96,180
$255,623
$351,803
-
$96,180
$255,623
$351,803

FAQs

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