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Investment Highlights
- Well-maintained Class B office with efficient floor plates and high ceilings set within a campus-style environment featuring expansion opportunities
- Strong surrounding demographics, with approximately 110,000 residents and more than 6,900 planned homes within a five-mile radius
- Strategic downtown Conroe location along State Highway 105 (TX-105 / W. Davis Street) with immediate access to I-45 providing
- Amenity-rich, walkable environment adjacent to Veterans Memorial Park and the Montgomery County Library, with numerous nearby dining & retail options
- Located within an exceptional suburban office market, the Conroe office submarket boasts a 93.5% occupancy rate as of Q2 2026
- Excellent visibility from I-45, enhancing tenant exposure, accessibility, and long-term leasing appeal
Executive Summary
At 48% occupancy, the Property offers a combination of stable in-place cash flow and meaningful upside through the lease-up of existing vacancies. Additionally, the availability of the entire first floor, totaling approximately 6,750 square feet, provides a compelling owner-user opportunity. Property is positioned within the rapidly growing Conroe trade area in Montgomery County, the fourth-fastest-growing county in the nation, which has experienced approximately 42% population growth over the past decade.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
12,832 SF
Building Class
B
Year Built
2018
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,416 SF
Building FAR
0.06
Lot Size
5.13 AC
Opportunity Zone
Yes
Parking
82 Spaces (6.39 Spaces per 1,000 SF Leased)
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Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 8911-00-00300 | Improvements Assessment | $1,416,654 CAD |
| Land Assessment | $981,212 CAD | Total Assessment | $2,397,867 CAD |
Property Taxes
Parcel Number
8911-00-00300
Land Assessment
$981,212 CAD
Improvements Assessment
$1,416,654 CAD
Total Assessment
$2,397,867 CAD
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1824 Spirit of Texas Way | 815 W Davis St
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