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    Property profile & analytics

    2003 Shady Ln Magnolia, TX 77354

    • Commercial real estate
    • 25.00 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-2206745
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2003 Shady Ln

    Lot size
    25.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 25-acre unrestricted commercial land parcel presents a remarkable investment opportunity in the rapidly expanding Magnolia, Texas area. Located at 2003 Shady Lane, this property boasts a highly desirable location with exceptional visibility and accessibility. The site is situated in Montgomery County, Texas, zip code 77354, and benefits from its proximity to the burgeoning Woodlands and Magnolia communities. The property is not located within a flood plain, offering peace of mind for development. With FM 2978 currently undergoing widening to five lanes, this location promises increased traffic flow and enhanced visibility, resulting in significant potential for future growth. Daily traffic counts on FM 2978 reach 24,725 vehicles, indicating a substantial potential customer base. The land is suitable for a variety of commercial uses, including church, residential, or industrial development. The property's size offers flexibility for large-scale projects. Additionally, there is the potential to acquire up to approximately 38 acres of contiguous land. This presents a unique opportunity to secure a significant land holding in one of Texas's fastest-growing regions. Contact us to discuss pricing and explore the possibilities this exceptional property offers.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.6032953
    Latitude
    30.1633483

    Comparable in this City

    • Contact for pricing
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      Magnolia, TX - 73 Acres Commercial Land

      Prime 73-acre tract, FM 1488 frontage.
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      2.76 Acres

      Magnolia Commercial Land Tract

      2.76 Acres, High Visibility, Prime Location
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      Magnolia Commercial Land - 3.9 Acres

      Prime 3.9-acre commercial lot in Magnolia, TX.
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      9.24 Acres

      Magnolia Business Park Investment

      85,000 SF Flex & Warehouse Space
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      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3.40 Acres

      Magnolia Commercial Land - NorthGrove

      3.4-acre commercial lot in thriving community
      26842 Fm 2978 Rd, Magnolia, TX 77354
      View Details
    • $1,750,000
      7.50 Acres

      Magnolia Business Park Land

      7.5 Acres, unrestricted zoning, prime location.
      0 Spur 149 Rd, Magnolia, TX 77354
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      73.00 Acres

      Magnolia, TX - 73 Acres Commercial Land

      Prime 73-acre tract, FM 1488 frontage.
      12441 Fm 1488 Rd, Magnolia, TX 77354
      View Details
    • $1,100,000
      2.76 Acres

      Magnolia Commercial Land Tract

      2.76 Acres, High Visibility, Prime Location
      28025 Fm2978 Tract A, Magnolia, TX 77354
      View Details
    • Contact for pricing
      3.92 Acres

      Magnolia Commercial Land - 3.9 Acres

      Prime 3.9-acre commercial lot in Magnolia, TX.
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    • Contact for pricing
      9.24 Acres

      Magnolia Business Park Investment

      85,000 SF Flex & Warehouse Space
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      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      15,690 SF

      Magnolia Warehouse Suites

      6 Suites, 1,640-5,981 sq ft
      331 Corporate Wood Dr, Magnolia, TX 77354
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    • Contact for pricing

      Magnolia Office Land Opportunity

      Prime 2-acre commercial lot, executive office zoning.
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    • $8,000 /Mo

      Land for Rent

      Land available for rent in Magnolia, Texas.
      8526 Tombron Grv Rd, Magnolia, TX 77354
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    • Contact for pricing

      Magnolia Commercial Land - 0.88 Acres

      Prime Magnolia land, lease or buy. High visibility.
      9213 Fm 1488 Rd, Magnolia, TX 77354
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    • Contact for pricing

      Prime Commercial Land For Lease

      1.5-acre tract ideal for build-to-suit opportunities.
      29214 Fm 2978 Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing
      85,000 SF

      Magnolia Flex & Warehouse Space

      85,000 SF Available in 6 Buildings
      26823 Fm 2978 Rd, Magnolia, TX 77354
      View Details
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    2003 Shady Ln
    Magnolia, TX 77354
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    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
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