3085 College Park DrConroe, TX 77384

Property Details for 3085 College Park Dr

Year built

2003

Lot size

1.16 AC

Property size (Sq ft)

5,000 SF

Property type

Retail properties

Property subtype

Retail space

APN

9700-09-00205

APU

97000900205

Description

This exceptional 2,800 square foot fast-food retail space is ideally situated at 3085 College Park Drive in Conroe, Texas, within the vibrant Montgomery County. The property boasts a substantial 50,525 square foot lot, offering ample space for outdoor seating, drive-thru lanes, or future expansion. Currently entirely vacant, this single-tenant building presents a unique opportunity for a fast-food operator to establish a thriving business in a high-traffic area. The property's location within Conroe provides easy access to major roadways and a dense residential population, ensuring high visibility and customer reach. The building is ready for immediate occupancy, allowing for a swift and efficient start to operations. This turnkey solution eliminates the need for extensive renovations or build-outs, saving valuable time and resources. The property's size and location make it an attractive investment for both established chains and emerging brands seeking to expand their market presence. With its strategic location and ample space, this property offers significant potential for growth and profitability. The 77384 zip code is known for its strong demographics and consistent economic activity. This is a rare opportunity to secure a prime retail space in a thriving Texas market. The property is zoned for fast food use.

• CAP approach

  CAP return

  Valuation

  6%

  $2,020,498

  6.5%

  $1,865,075

  7%

  $1,731,855

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,379,884

  Geo Method

  $3,772,314

• Alternative Use

  Use

  Valuation

  Residential

  $1,573,260

  Hospitality

  $1,441,098

  Educational

  $1,198,977

  Medical

  $1,240,211

  Retail

  $1,865,075

Location Insight

City

The Woodlands

County

Montgomery

State

Texas

Latitude

30.2064

Longitude

-95.4637

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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