8259 Fm 1488 Rd Magnolia, TX 77354
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.
-
Magnolia Drivers Ed Training Center Vocational School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.