Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    33215 Sweetgum Ln Magnolia, TX 77354
    Back to Search
    Property profile & analytics

    33215 Sweetgum Ln Magnolia, TX 77354

    View on Map
    • Warehouses
    • 6,400 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 33215 Sweetgum Ln

    Property size
    6,400 SF
    Property type
    Warehouses
    Property subtype
    Office Spaces

    Description

    This exceptional 6,400-square-foot property in Magnolia, Texas, presents a unique opportunity for businesses seeking a blend of office and warehouse space. Located at 33215 Sweetgum Ln, 77354, in Montgomery County, this new construction boasts a desirable combination of features. The space is currently vacant and available for lease on a NNN basis. The layout includes approximately 820 square feet of executive office space, featuring 10-foot sheet-rocked ceilings and tile flooring. The warehouse area offers a generous 24-foot clear height, perfect for various storage and operational needs. For convenient loading and unloading, the property includes two loading docks and one 14-foot wide by 14-foot high grade-level overhead door (two doors are available for the full 6,400 square foot option). Additional storage is provided by a decked mezzanine above the office area. The office space features an above-standard finish-out. Its strategic location offers easy access to FM 1488, situated conveniently between I-45 and FM 2978, ensuring seamless transportation and logistics. This property is ideal for a company seeking a modern, efficient, and well-appointed space to accommodate both administrative and operational functions. The property is for sale.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.5495
    Latitude
    30.221

    Comparable in this City

    • Value Estimation by Request
      40,000 SF

      9200 Carraway Ln

      Distribution properties • 40,000 SF
      9200 Carraway Ln, Magnolia, TX 77354
      View Details
    • Value Estimation by Request
      9.24 Acres

      26823 Fm 2978 Rd

      Distribution properties • 85,000 SF
      26823 Fm 2978 Rd, Magnolia, TX 77354
      View Details
    • Value Estimation by Request
      125,500 SF

      30130 Dobbin-Huffsmith Rd

      Distribution properties • 125,500 SF
      30130 Dobbin-Huffsmith Rd, Magnolia, TX 77354
      View Details
    • Value Estimation by Request
      49,076 SF

      8259 Fm 1488 Rd

      Office Units • 49,076 SF
      8259 Fm 1488 Rd, Magnolia, TX 77354
      View Details
    • Value Estimation by Request
      8,838 SF

      32118 Tamina Rd

      Distribution properties • 8,838 SF
      32118 Tamina Rd, Magnolia, TX 77354
      View Details
    • Value Estimation by Request
      6,400 SF

      33215 Sweetgum Ln

      Distribution properties • 6,400 SF
      33215 Sweetgum Ln, Magnolia, TX 77354
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Planned Development with Flex Space

      85,000 SF planned development offering warehouse, flex, and office spaces.
      26823 Fm 2978 Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing

      New Flex Condo Development

      Flex condo development in deed-restricted business park, Magnolia, TX.
      9200 Carraway Ln, Magnolia, TX 77354
      View Details
    • Contact for pricing

      Office-Warehouse and Co-Working Spaces

      Office-warehouse and co-working spaces with private storage available for lease.
      8259 Farm To Market Rd 1488, Magnolia, TX 77354
      View Details
    • Contact for pricing

      Magnolia Industrial Warehouse Investment Opportunity

      38,000 SF industrial warehouse on 3.86 acres in Magnolia, TX.
      33204 Magnolia Cir, Magnolia, TX 77354
      View Details
    • $349,000
      1,200 SF

      Versatile Flex Space in Magnolia

      Functional flex space with roll-up door in prime location.
      5432 Fm 1488 Rd, Magnolia, TX 77354
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Modern Flex/Showroom Near The Woodlands

      Contemporary flex space suitable for showroom, manufacturing, or warehouse.
      32503 Tamina Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing

      Magnolia Office-Warehouse and Co-working Spaces

      Office-warehouse and co-working spaces available for lease in Magnolia, TX.
      8259 Fm 1488 Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing

      New Office-Warehouse with Flexible Layout

      Versatile office-warehouse space with build-to-suit potential.
      32118 Tamina Rd, Magnolia, TX 77354
      View Details
    • $16 SF/Yr
      1,633 SF

      Flexible Office Warehouse Solutions

      Turnkey office warehouse spaces in a secure, accessible business park.
      331 Corporate Wood Dr, Magnolia, TX 77354
      View Details
    • Contact for pricing

      Modern Flex/Showroom Space Available

      Like-new, modern flex/showroom space with polished office and upgraded warehouse.
      32514 Tamina Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing

      Office Warehouse Suites For Rent

      Office, warehouse, storage, light manufacturing spaces for rent.
      26232 Fm 2978 Rd, Magnolia, TX 77354
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    33215 Sweetgum Ln
    Magnolia, TX 77354
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    33215 Sweetgum Ln, Magnolia, TX, 77354
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!