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    31308 Nichols Sawmill Rd Magnolia, TX 77355

    Sponsored
    For Sale
    $424,760

    Two modern, 1,512 sq ft office condos.

    Property size:
    1,512 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents two brand-new, Class A office condos situated within the prestigious Magnolia Office Park at 31308 Nichols Sawmill Road, Magnolia, Texas 77355. Each unit offers 1,512 square feet of versatile space, ideal for a variety of uses including creative office, executive office, or medical office settings. Built in 2023, these units boast modern finishes and are ready for immediate occupancy. The property is located in Montgomery County and comprises a single, one-story building. The asking price for Unit B is $424,760. The property features no air rights. This is a rare chance to acquire two fully functional, high-quality office spaces in a thriving Texas market. The units are individually priced, offering flexibility for investors. Don't miss this opportunity to own a piece of this prime commercial real estate. The property is conveniently located in Magnolia, offering easy access to major transportation routes and amenities. These units represent a strong investment opportunity in a rapidly growing area.

    Property Features for 31308 Nichols Sawmill Rd

    General Information

    Property type
    Medical offices
    Square Feet
    1,512 SF
    Class
    A

    Building Details

    Year Built
    2023
    Buildings
    1
    Stories
    1
    Units
    2

    HighLights

    • Building 7: Two 1,512 SF Class A office condos for sale.
    • Unit A: $429,760.
    • Unit B: $424,760.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    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
    -95.7519126
    Latitude
    30.2005205

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    FAQs

    What type of property is this?
    Medical office - Two modern, 1,512 sq ft office condos.
    Where is this medical office located?
    The property is located at 31308 Nichols Sawmill Rd Magnolia, TX.
    What is the asking price?
    The asking price for this property is $424,760.
    What are key features of this property?
    This property features: Building 7: Two 1,512 SF Class A office condos for sale.; Unit A: $429,760.; Unit B: $424,760.
    Request Owner's contact information
    31308 Nichols Sawmill Rd Magnolia, TX 77355
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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
    31308 Nichols Sawmill Rd Magnolia, TX 77355
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