Property summary
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.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Full Property Data
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
