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North Porter Road

Updated Nov 5, 2026

North Porter Road
SOLDIndustrial

North Porter Road

North Porter Road

Building Size

60,000 SF

Asset Type

Industrial

Closing

Oct 29, 2026

About this deal

AI

An industrial property located at 1505 Porter Road, Conroe, TX, has been sold. The asset spans 60,000 square feet and is part of the Conroe market. The transaction reflects the activity within the industrial real estate sector in the area.

Summary of transaction details:

The transaction involved key representatives from Capital Real Estate Commercial and Mohr Partners. The buyer's representative team included Troup Rolland, Matt Cooper, Blake Deer, and Carson Deer, while the seller was represented by Carlton Anderson, Nathan Mai, and Joann Vu. A note from the buyer's representative indicated excitement regarding the acquisition of this property in Conroe, TX, highlighting the collaborative efforts of the Mohr Team to successfully close the deal.

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Players

Troup Rolland
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Troup Rolland

Capital Real Estate Commercial⁠

Broker

$8.2M

vol

30 deals

Broker
Troup Rolland

Troup Rolland

Capital Real Estate Investments

Buyer

$8.2M

vol

30 deals

Buyer
Fun Town RV
Fun Town RVSeller
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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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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