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    15301 Fm 1488 Rd Magnolia, TX 77354

    Sponsored
    For Lease
    Contact for pricing

    Prime Magnolia Retail Space: 30,000 sq ft, A-Class.

    Lot size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A retail center, totaling 30,000 square feet, presents a remarkable investment opportunity in Magnolia, Texas. Located at 15301 FM 1488, this multi-tenant property offers a minimum divisible space of 1,170 square feet, perfect for a variety of retail uses. The two-story building includes elevators for convenient access. This is the first retail development within the exclusive Audubon Community, a rapidly growing area projected to include over 6,000 single-family homes and 5,200 multifamily units, boasting an average household income of $141,000 within a 5-mile radius. The center benefits from its strategic location at the intersection of FM 1488 and Mills Creek, providing easy access to Highway 249. The Audubon Community's design prioritizes walkability, with residents enjoying proximity to extensive trails, parks, and green spaces, all within a short 5-minute walk from their homes. Amenities include well-lit crosswalks and wide, 8-foot trails along Mill Creek. This presents a unique chance to establish a business in a thriving, amenity-rich community with high-income demographics. The property's prime location and the community's planned growth ensure strong potential for long-term success.

    Property Features for 15301 Fm 1488 Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,000 SF
    Class
    A

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Space Available
    Size
    15,000 SF
    Space
    Available Space 2
    Size
    15,000 SF

    HighLights

    • High‑visibility corner lot at Mill Creek Rd & FM 1488, with easy access to SH‑249, SH‑140, and I‑45.
    • Patio and drive‑thru options available.
    • Located in the Audubon master‑planned community.
    • Grease trap installed.
    • $109,512 average disposable income within a 3‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Auto Repair Shop Auto Parts Store Kitchen & Bath Storage Facility HVAC Service Cafe & Coffee Shop Computer & Electronic Repair Tech Support Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.749485155789
    Latitude
    30.215601587086

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    FAQs

    What type of property is this?
    Retail property - Prime Magnolia Retail Space: 30,000 sq ft, A-Class.
    Where is this retail property located?
    The property is located at 15301 Fm 1488 Rd Magnolia, TX.
    What are key features of this property?
    This property features: High-visibility corner lot at Mill Creek Rd & FM 1488, with easy access to SH-249, SH-140, and I-45.; Patio and drive-thru options available.; Located in the Audubon master-planned community.
    Request Owner's contact information
    15301 Fm 1488 Rd Magnolia, TX 77354
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    Magnolia, TX 77354
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    Realmo Value Estimation

    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.

    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.

    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
    15301 Fm 1488 Rd Magnolia, TX 77354
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