10855 Highway 242
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10855 Highway 242
5,422 SF Retail Building Conroe, TX 77385 £1,391,985 (£257/SF)
Investment Highlights
- 4,000 square foot free-standing retail building
- Hwy 242 Frontage
- Additional Land for Development
- 100% Leased
- Situated on 1.76 acres of land
- Sale-Leaseback or Outright Sale
Executive Summary
Don't miss this opportunity to own a 5,422 square foot free-standing retail building on 1.76 acres of prime commercial real estate. The property is currently 100% occupied, making it a great investment for potential buyers. Owner is willing to consider a Sale-Leaseback arrangement or an outright sale, providing flexibility for interested parties.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
5,422 SF
Building Class
B
Year Built/Renovated
2002/2023
Price
£1,391,985
Price Per SF
£257
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
1.76 AC
Zoning
6
Parking
40 Spaces (7.38 Spaces per 1,000 SF Leased)
Frontage
91 ft on Tx-242 Hwy
Amenities
- Pylon Sign
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0597-00-02110 | Improvements Assessment | £243,933 |
| Land Assessment | £488,401 | Total Assessment | £732,334 |
PROPERTY TAXES
Parcel Number
0597-00-02110
Land Assessment
£488,401
Improvements Assessment
£243,933
Total Assessment
£732,334
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10855 Highway 242
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