Lockaway FM 1488 Business Park offers a diverse range of commercial spaces for lease in Magnolia, Texas. This brand-new, Class A property, built in 2023, comprises six buildings totaling 49,076 square feet, with units ranging from 425 to 3,975 contiguous square feet. The park features both traditional office spaces, executive suites, co-working options, creative offices, and flexible warehouse spaces, catering to a variety of business needs. Office-warehouse units boast fully built-out office areas with high ceilings, beautiful finishes, multiple private offices or conference rooms, break areas equipped with refrigerators and microwaves, private restrooms, grade-level overhead doors, and slop sinks. Co-working spaces include large private offices with direct parking lot access, private storage, and shared amenities such as a break room with a refrigerator and microwave, a work room, and a restroom. Utilities such as electricity, internet, and janitorial services are included in co-working space rates. The park is strategically located off FM 1488, less than 1.5 miles west of the FM 2978 intersection, benefiting from high visibility with pylon signage on FM 1488, a road with over 30,000 vehicles daily. Currently, 12,575 square feet of space is available. The property is situated in Montgomery County and offers single-tenant and multi-tenant building options. This prime location provides excellent access and visibility for businesses seeking a modern and functional workspace in a thriving Texas community. Contact us today to explore leasing opportunities.
Property Features for 8259 Fm 1488 Rd
General Information
Property type
Office space
Lease Type
Gross Lease
RSF (Rentable sq. ft)
49,076 SF
Class
A
Total Rate
65434.67
Building Details
Year Built
2023
Buildings
6
Unit(s) available at that property
Space
8259 - A102
Size
545 SF
Rate per SF
$14,400
Space
8259 - A103
Size
425 SF
Rate per SF
$12,000
Space
8259 - A104
Size
425 SF
Rate per SF
$12,000
Space
8259 - A105
Size
425 SF
Rate per SF
$12,000
Space
8259 - B
Size
3,975 SF
Rate per SF
$16
HighLights
Office‑warehouse and co‑working spaces available for lease, including private storage.
Fully built‑out office spaces with high ceilings and upscale finishes.
Office‑warehouse units ranging from 2,925 to 5,038 square feet.
Co‑working spaces offer large private offices with direct parking lot access and private storage; common areas include a break room (fridge & microwave), work room, and restroom.
Office space - Modern Offices & Warehouses in Texas
Where is this office space located?
The property is located at 8259 Fm 1488 Rd Magnolia, TX.
What is the lease rate?
The lease rate is $16-$14,400 SF/Yr.
What are key features of this property?
This property features: Office-warehouse and co-working spaces available for lease, including private storage.; Fully built-out office spaces with high ceilings and upscale finishes.; Office-warehouse units ranging from 2,925 to 5,038 square feet.
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8259 Fm 1488 Rd Magnolia, TX 77354
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Realmo Value Estimation
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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
8259 Fm 1488 Rd Magnolia, TX 77354
More about this listing
8259 Fm 1488 Rd, Magnolia, TX
Jeff Beard
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8259 Fm 1488 Rd, Magnolia, TX
Jeff Beard
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8259 Fm 1488 Rd, Magnolia, TX
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8259 Fm 1488 Rd, Magnolia, TX
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8259 Fm 1488 Rd, Magnolia, TX
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to 8259 Fm 1488 Rd Magnolia, TX 77354
8259 Fm 1488 Rd, Magnolia, TX
Jeff Beard
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