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    18230 Fm 1488 Rd Magnolia, TX 77354

    Sponsored
    For Lease
    $17 SF/Yr

    Executive & Medical Suites Available. Modern, flexible spaces.

    Lot size:
    63,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional three-story, Class B office building, totaling 63,500 square feet, is situated on a 4.87-acre lot at 18230 FM 1488 Road in Magnolia, Texas, zip code 77354. Built in 2007, the property offers a variety of suite sizes, perfect for both executive and medical office uses. Spaces range from a minimum of 237 square feet to a maximum contiguous space of 6,779 square feet, with 24,715 square feet currently vacant. The building features ample parking with a ratio of 4 spaces per 1,000 square feet and convenient elevator access. Located in Montgomery County, this multi-tenant building provides a strategic location for businesses seeking a professional and accessible environment. The property's flexible floor plans cater to diverse business needs, making it an ideal choice for companies of various sizes. With its modern design and convenient amenities, this office building presents a compelling opportunity for businesses looking to establish or expand their presence in the thriving Magnolia market. The property is easily accessible from FM 1488.

    Property Features for 18230 Fm 1488 Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    63,500 SF
    Class
    B
    Total Rate
    89958.33

    Building Details

    Year Built
    2007
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Floor 2 Suite 201
    Size
    2,277 SF
    Rate per SF
    $17
    Space
    Suite 301
    Size
    5,946 SF
    Space
    Suite 302
    Size
    309 SF
    Space
    Suite 322
    Size
    237 SF
    Space
    Suite 202
    Size
    6,285 SF
    Rate per SF
    $17
    Space
    Suite 102
    Size
    877 SF
    Space
    Suite 205
    Size
    6,779 SF
    Rate per SF
    $17

    HighLights

    • 63,500 SF of Class A office space.
    • Located in Magnolia's central business district.
    • Suitable for medical, dental, and professional office users.
    • Ample parking: 4 spaces per 1,000 SF.
    • Office space available on floors 1, 2, and 3.
    • Executive suites available on the 3rd floor.
    Property Profile Location Intelligence

    Current Use by Public Records

    TOMAGWA Health Care ... Medical Clinic Houston Methodist Primary ... Medical Clinic Edward Terrasson, MD Medical Clinic Magnolia Pharmacy Pharmacy Kathleen Paz, M.D. Family Practice Physician

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.7460274
    Latitude
    30.2185068

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    FAQs

    What type of property is this?
    Medical office - Executive & Medical Suites Available. Modern, flexible spaces.
    Where is this medical office located?
    The property is located at 18230 Fm 1488 Rd Magnolia, TX.
    What is the lease rate?
    The lease rate is $0.00-$17 SF/Yr.
    What are key features of this property?
    This property features: 63,500 SF of Class A office space.; Located in Magnolia's central business district.; Suitable for medical, dental, and professional office users.
    Request Owner's contact information
    18230 Fm 1488 Rd 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
    18230 Fm 1488 Rd Magnolia, TX 77354
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