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13901 Texas Highway 105

Updated Oct 21, 2026

Gene E Smith Purchases 21,000 SF Industrial Property In Conroe From Richard Cross
SOLDIndustrial

Gene E Smith Purchases 21,000 SF Industrial Property In Conroe From Richard Cross

13901 Texas Highway 105

Building Size

21,000 SF

Asset Type

Industrial

Closing

Oct 1, 2026

About this deal

AI

The property asset involved in this transaction is an industrial facility located at 13901 Texas Highway 105 in the Conroe market, encompassing a total square footage of 21,000. The transaction reflects a completed sale, with Gene E Smith as the buyer and Richard Cross as the seller.

Summary of transaction details:

This transaction involved key individuals including Michelle Soderberg, who represented the buyer, and Nick Bergmann along with Barrett Von Blon, who served as representatives for the seller. Their contributions facilitated the successful closing of the deal for the property in the industrial sector.

On the Map

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Industrial

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Players

Michelle Soderberg

Colliers

Broker

$3M

vol

3 deals

Broker

Gene E Smith

Buyer

$3M

vol

1 deal

Buyer

Richard Cross

Seller

$3M

vol

1 deal

Seller
Bilt advertisement

Conroe Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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