Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space Near HEB Title is generated by Realmo AI

    38987 Buckeye Trl, Magnolia, TX 77354

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Retail and restaurant spaces available near a high-performing HEB.

    Type:Retail, Office, Restaurant
    Property size:
    18,000 SF
    Added:
    Mar 5, 2024
    Days on Market:
    817
    Last Refresh:
    May 12 at 9:17 pm

    Property Features for 38987 Buckeye Trl

    General Information

    Standard status
    Active
    Size
    18,000 SF
    Property subtype
    Retail, Office, Restaurant

    Spaces For Lease

    at 38987 Buckeye Trl Contact us

    We can help!

    Listing Contact
    Harrison Mohn

    Listing agent Harrison Mohn License #TX 9003881

    Listing office BCS Capital Group

    Listing date Mar 5, 2024

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of BCS Capital Group

    HighLights

    • Anchored by a brand new HEB Development.
    • HEB ranked number one out of 6 nearby locations.
    • HEB saw 1.27 million visits in 2023.
    • Multiple Pad Sites available for Ground Lease or Build to Suit.
    • ±18,000 SF of shopping center space available with endcap drive thrus.
    • Surrounded by multiple retail/residential developments.

    Overview

    Multiple pad sites are available for ground lease or build-to-suit opportunities. Approximately 18,000 square feet of shopping center space is available, including end-cap drive-thrus. The property is anchored by a new HEB development and surrounded by multiple retail and residential developments. The HEB location receives approximately 1.27 million visits and generates an estimated $147 million in sales annually, ranking it number one among the six surrounding HEB locations.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Map

    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.6732
    Latitude
    30.1882

    Nearby Similar for Lease

    • $18 SF/Yr
      44,140 SF

      Office Condos For Lease

      Office condos for lease in The Woodlands submarket.
      33300 Egypt Ln, 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 Woods Dr, Magnolia, TX
      View Details
    • $12 SF/Yr
      8,025 SF

      Retail Space on FM 1488

      Retail space with high visibility and signage available for lease.
      17655 FM 1488 RD, 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, Magnolia, TX
      View Details
    • $36 SF/Yr
      1,350 SF

      Modern Office Condo in Magnolia

      Modern office condo in a rapidly growing North Houston corridor.
      28809 Hardin Store Road #1240, Magnolia, TX 77354
      View Details
    • $15 SF/Yr
      9,000 SF

      Retail Space with Drive-Thru

      Retail space on FM 1488 with excellent visibility.
      6311 FM-1488, Magnolia, TX 77354
      View Details
    • $13 SF/Yr
      2,925 SF

      Magnolia Flex/Industrial Space Available

      Flex/Industrial space available for lease in Magnolia, Texas.
      8259-8269 FM 1488, Magnolia, TX
      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
      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, Magnolia, TX
      View Details
    • $1.50 SF/Yr
      42,000 SF

      New Construction Warehouse Space Available

      New construction warehouse space for lease in Magnolia, Texas.
      36811 FM 1774, Magnolia, TX
      View Details
    • $38 SF/Yr
      5,276 SF

      Medical Building in Woodlands Submarket

      Medical building with available spaces in a high-traffic location.
      10110 Research Forest Drive, Magnolia, TX
      View Details
    • $15 SF/Yr
      3,000 SF

      Retail Space in Magnolia, Texas

      Retail space available for lease in Magnolia, Texas.
      6311 FM 1488, Magnolia, TX
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail and restaurant spaces available near a high-performing HEB.
    Where is this shopping center located?
    The property is located at 38987 Buckeye Trl Magnolia, TX.
    What are key features of this property?
    This property features: Anchored by a brand new HEB Development.; HEB ranked number one out of 6 nearby locations.; HEB saw 1.27 million visits in 2023.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Harrison Mohn
    Real Estate License ID: TX 9003881
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    38987 Buckeye Trl, Magnolia, TX 77354
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!