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Property profile & analytics
OFF-MARKET
Warehouses

19802 Fm 1488 Rd Magnolia, TX 77355

8,344 SF 12.4 ac lot Built 2011
Property ID
Property summary
AI-generated overview

This exceptional industrial property, located at 19802 FM 1488 in Magnolia, Texas (zip code 77355), presents a compelling investment opportunity. The 8,344-square-foot building, constructed in 2011, is classified as Class B and boasts a versatile design encompassing distribution, flex, and warehouse space. The property sits on a substantial 12.4-acre lot, offering ample room for expansion or future development. The warehouse features a 23-foot ceiling height, three 12' x 14' drive-in bay doors, and is fully insulated with HVAC service provided by three 5-ton units. An additional 1,844 square feet of office space is included, enhancing the property's functionality. The building benefits from 3-phase, 480v power, city water, and an aerobic septic system. Its strategic location on FM 1488, less than two miles from FM 1744, provides excellent access to major transportation routes. The property's robust infrastructure and versatile design make it ideal for a variety of industrial uses. The asking price for this turnkey operation is $3,300,000. This property offers a rare combination of size, location, and functionality, making it a highly attractive investment prospect. The high volume potential of over 14,000 VPD on FM 1488 further enhances its appeal.

Property profile
Verified
Property type Warehouses
Year built 2011
Total area 8,344 SF
Lot 12.4 ac (540,144 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gulftex Automation Production Facility
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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