Value-Add Retail Buildings in Prime Location | 1612 N Frazier St
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Value-Add Retail Buildings in Prime Location 1612 N Frazier St
5,003 SF Retail Building Conroe, TX 77301 For Sale
Investment Highlights
- Vacant, freestanding retail building positioned on 0.34 acres with prime road frontage and visibility in Conroe, Texas.
- Surrounded by local, regional, and national restaurants, retailers, and businesses, providing a destination for the immediate and nearby communities.
- The adjacent property at 1614 N Frazier consists of a steel frame 2565 sq ft building on .26 acre and is also available.
- Great value-add opportunity for an owner-user to occupy the space or for an investor to capitalize through leasing, repositioning, or redevelopment.
- The location affords unrivaled visibility to over 15,000 vehicles traveling daily along N Frazier Street.
Executive Summary
1612 N Frazier Street consists of a vacant retail building situated along the main retail corridor in Downtown Conroe, Texas. This parcel fronts N Frazier Street and offers a 2,438-square-foot former fast-food restaurant on 0.34 acres with over 100 feet of road frontage. The building is a wood frame construction with a flat roof and a brick veneer exterior façade. This property provides direct access from N Frazier Street, presenting easy access and convenience for consumers. 1612 N Frazier Street is ideally located near many nationally acclaimed retailers including McDonald’s, Kroger, Walmart Supercenter, Sam’s Club, Target, Home Depot, Subway, and more.
The area highlights compelling demographics with 96,263 residents, 50,448 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.
1612 N Frazier Street presents an ideal opportunity for an owner-user to occupy the vacant space(s) 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.
The adjacent property at 1614 N Frazier consists of a steel frame 2565 sq ft building on .26 acre with access from Odd Fellow St. is currently also for sale.
Property tours are available by appointment only. Please contact the listing broker to schedule.
The area highlights compelling demographics with 96,263 residents, 50,448 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.
1612 N Frazier Street presents an ideal opportunity for an owner-user to occupy the vacant space(s) 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.
The adjacent property at 1614 N Frazier consists of a steel frame 2565 sq ft building on .26 acre with access from Odd Fellow St. is currently also for sale.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Sale Condition
Shell & Core
Property Type
Retail
Property Subtype
Building Size
5,003 SF
Building Class
C
Year Built
1972
Tenancy
Single
Number of Floors
1
Building FAR
0.33
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
Opportunity - Commercial
Parking
13 Spaces (5.08 Spaces per 1,000 SF Leased)
Frontage
98 ft on North Frazier Street
Amenities
- Signage
- Drive Thru
Walk Score ®
Very Walkable (80)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 8440-00-00202 | Improvements Assessment | £176,356 (2023) |
| Land Assessment | £58,684 (2023) | Total Assessment | £235,040 (2023) |
PROPERTY TAXES
Parcel Number
8440-00-00202
Land Assessment
£58,684 (2023)
Improvements Assessment
£176,356 (2023)
Total Assessment
£235,040 (2023)
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Value-Add Retail Buildings in Prime Location | 1612 N Frazier St
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