Updated Oct 21, 2026
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:
- Property Type: Industrial
- Transaction Amount: Not Available
- Address: 13901 Texas Highway 105
- Market: Conroe
- Buyer: Gene E Smith
- Seller: Richard Cross
- Buyer's Representative: Michelle Soderberg - Colliers
- Seller's Representatives: Nick Bergmann & Barrett Von Blon - CBRE
- Date of Transaction: 10/01/2026
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
Industrial
View full map
Players
Conroe Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Conroe industrial sales on Traded.
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