1614 Frazier St - Light Distribution FOR SALE


Conroe, TX 77301
$400,000 USD
936-290-0206
1614 Frazier St, Conroe, TX for Sale
$400,000 USD
Light Distribution - FOR SALE
1/11
null | Request Cap Rate

1614 Frazier St
Conroe, TX 77301


HIGHLIGHTS

  • Vacant Freestanding Flex Use building positioned on .26 acre with prime road frontage and visibility in Conroe, Texas.
  • Great Value add opportunity for owner-user to occupy the spaces or for an investor to capitalize through leasing, repositioning or redevelopment
  • Surrounded by local, regional and national restaurants, retailers and businesses providing a destination for the immediate and nearby communities.
  • The location affords unrivaled visibility to over 15,000 vehicles traveling daily along North Frazier Street.

OVERVIEW

1614 N. Frazier is a vacant, freestanding steel retail building positioned on approximately .26 acre with prime road frontage and visibility. This lot faces Odd Fellow and has direct access and convenience for the consumer. Great value adds opportunity for an owner-user to occupy the space or for an investor to capitalize through leasing, repositioning or redevelopment. This property is ideally located near many nationally acclaimed retailers including McDonalds, Kroger, Walmart Supercenter, Sam’s Club, Target, Home Depot, Subway and more. The area highlights compelling demographics with 96,263 residents, 50,488 daytime employees, and 4,588 businesses within a five-mile radius. The average household income is $111,901 and the total consumer spending exceeds $3.4 billion annually, nearly $900 million spent on food and alcohol alone, within 10 miles. Nearly 20% of the labor force is employed in the retail trade industry offering a significant employee base for a future tenant or business. 1614 N. Frazier Street presents an ideal opportunity for an owner-user to occupy the vacant space and grow their business in an area reinforced by a strong economy and supportive community or for an investor to lease-up or redevelop the property in a densely populated, highly desirable location with commercial demand. Additionally, adjacent to this building is 1612 N. Frazier which is a former fast-food restaurant with 2438 sq. ft. and sitting on .34 acre currently for sale as well. Property tours are available by appointment only. Please contact the listing broker to schedule

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$154 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

undefined, Freestanding, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26

LAND SF

11,326

ZONING

-

APN/PARCEL ID

8440-00-00202

ASK ABOUT THIS PROPERTY

Evan BallewTop Guns RealtyMore Info
936-290-0206

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

Evan BallewTop Guns RealtyMore Info
936-290-0206

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