14060 Grangerland Rd - Bank FOR SALE


Conroe, TX 77306
$490,000 USD
281-898-1486
14060 Grangerland Rd, Conroe, TX for Sale
$490,000 USD
Bank - FOR SALE
1/33
null | Request Cap Rate

14060 Grangerland Rd
Conroe, TX 77306


OVERVIEW

Former bank building on 1 acre of fenced land available for lease or sale. This property would be an excellent location for another bank or other financial services, daycare, or a small office. There is major growth in this area. Grangerland will be the next big thing. Nearby Granger Pines is a 460-acre master-planned community in the Conroe school district. This property is strategically located across the street from the intermediate and elementary schools. Adjacent to those properties are the junior high school, high school, and yet another intermediate school. Conroe ISD didn’t build 5 schools adjacent to each other on 235 acres for nothing! They know the growth is coming and has already started. The population is currently 23,100 with a median household income of $65,000. As the population explodes, the household income is expected to reach a median of over $82,000. The recent growth includes The Village at Granger Pines, a single-family rent home community numbering 120 houses. The local municipalities are preparing for the expansion of roads and utilities to meet the needs of the coming wave of new residents and businesses.

FOR SALE DETAILS

PRICE

$490,000 USD

PRICE/SF

$183 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Commercial

APN/PARCEL ID

0734-00-01600

ASK ABOUT THIS PROPERTY

Jeff WilliamsTrust Commercial Real Estate, LLCMore Info
281-898-1486

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Jeff WilliamsTrust Commercial Real Estate, LLCMore Info
281-898-1486

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.