Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    20555 Fm 1488 Rd Magnolia, TX 77355

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail spaces ranging from 1,200 to 1,360 SqFt available.

    Property Features for 20555 Fm 1488 Rd

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Dan Nankani
    Dan Nankani
    Source: Crexi

    Listing Agency: Nankani Management, LLC Listing Agent: Dan Nankani

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space Available for Rent

    Available for rent are retail spaces ranging in size from 1,200 to 1,360 square feet.
    Location Intelligence

    Current Use by Public Records

    Impulse Fishing Rods (Bike/Boat/Book/etc) Store Blyss Puff - Smokeshop ... (Bike/Boat/Book/etc) Store Hair Therapy Salon Hair Salon Magnolia Dog Grooming Pet Grooming Service Bliss Puff LLC Department Store

    Suggested Use

    Restaurant Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Skin Care Clinic Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.771532
    Latitude
    30.201344

    Nearby Similar for Lease

    • $18 SF/Yr

      Office Condos For Lease

      Office condos for lease in The Woodlands submarket.
      33300 Egypt Ln, Magnolia, TX 77354
      View Details
    • Contact for pricing
      3,400 SF

      Magnolia Office Space For Rent

      Office space with convenient access and ample parking available for rent.
      5910 Fm 1488 Rd, Magnolia, TX 77354
      View Details
    • $16 SF/Yr
      1,633 SF

      Flexible Office Warehouse Solutions

      Turnkey office warehouse spaces in a secure, accessible business park.
      331 Corporate Wood Dr, Magnolia, TX 77354
      View Details
    • $12 SF/Yr
      9,000 SF

      Freestanding Building Near SH-249

      9,000 SF building on 0.65 acres with SH-249 access.
      25232 Hardin Store Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing

      Modern Flex/Showroom Space Available

      Like-new, modern flex/showroom space with polished office and upgraded warehouse.
      32514 Tamina Rd, Magnolia, TX 77354
      View Details
    • $15 SF/Yr
      6,850 SF

      New Flex/Industrial Space Available

      Under construction flex/industrial property with leasable space.
      32223 Tamina Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing
      7,837 SF

      Restaurant Space with Covered Patio

      Restaurant space with a large covered patio and ample parking.
      5405 Fm 1488 Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing

      Magnolia Office Space For Lease

      Office space for lease in prime Magnolia location.
      6018 Farm To Market Rd 1488, Magnolia, TX 77354
      View Details
    • Contact for pricing

      Magnolia Retail Hub Restaurant Opportunity

      Restaurant space with drive-thru in high-traffic Magnolia retail hub.
      13345 Fm 1488 Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing

      Magnolia Flex Space For Rent

      Flex space available for lease near TX-249.
      20160 Fm 1488 Rd, Magnolia, TX 77355
      View Details
    • $1,000 /Mo
      2,000 SF

      Magnolia Flex/Industrial Space Available

      Flex/Industrial space available for lease in Magnolia, Texas.
      8259-8269 Fm 1488 Rd, Magnolia, TX 77354
      View Details
    • $15 SF/Yr

      Retail Space with Drive-Thru

      Retail space on FM 1488 with excellent visibility.
      6311 Fm 1488 Rd, Magnolia, TX 77354
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail spaces ranging from 1,200 to 1,360 SqFt available.
    Where is this retail space located?
    The property is located at 20555 Fm 1488 Rd Magnolia, TX.
    What are key features of this property?
    This property features: - Retail space available; - Space ranges from 1,200 SqFt to 1,360 SqFt; - 1 space available
    (713) 686-8411
    Request Owner's contact information
    20555 Fm 1488 Rd Magnolia, TX 77355
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    20555 Fm 1488 Rd
    Magnolia, TX 77355
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20555 Fm 1488 Rd Magnolia, TX 77355
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Dan Nankani
    Dan Nankani
    Real Estate License ID: 594328
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!