113 Simonton StConroe, TX 77301

For Lease
$20.52/SF/YR View listing
  • Office buildings
  • 1,716 SF

Property Details for 113 Simonton St

Year built
1940
Lot size
0.02 AC
Property size (Sq ft)
1,716 SF
Zone code
1
Property type
Office buildings
APN
2220-00-10950
APU
22200010950

Description

This exceptional 1,716-square-foot free-standing office building presents a unique investment opportunity in the heart of Downtown Conroe, Texas. Located at 113 Simonton St, just half a block from the courthouse, this two-story Class B building offers unparalleled convenience and visibility. Built in 1940 and extensively renovated in 2018, the property boasts a modern interior while retaining its historic charm. Currently entirely vacant, this single-tenant space is ideal for a variety of uses, including executive offices, coworking spaces, or creative office environments. The building's 1,716 square feet are spread across two stories, and while it does not include elevators, its layout is designed for efficient use. The property's APN is 2220-00-10950, and its zoning information is not currently available. Situated in the Downtown Conroe submarket, this location offers easy access to local amenities, businesses, and the courthouse. This is a rare opportunity to acquire a fully renovated, historically significant building in a prime downtown location. The property is ready for immediate occupancy, providing a blank canvas for your business needs. The address is 113 Simonton St, Conroe, TX 77301, and the cross street is N. Main St. This is a single-tenant property with significant potential for growth and return on investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $471,724
    6.5%
    $435,438
    7%
    $404,335
  • Comparable approach

    Method
    Valuation
    Relative Method
    $324,118
    Geo Method
    $513,753
  • Alternative Use

    Use
    Valuation
    Residential
    $539,943
    Hospitality
    $494,585
    Educational
    $411,489
    Medical
    $425,641
    Retail
    $640,094
113 Simonton St, Conroe, Texas

Location Insight

City
Conroe
County
Montgomery
State
Texas
Latitude
30.3112
Longitude
-95.4565
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
$2,757
$20,000
$123,890
$143,890
-
$20,000
$123,890
$143,890

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