Property profile

31340 Nichols Sawmill Rd Magnolia, TX 77355

OFF-MARKET
Office Spaces
1,512 SF Built 2023
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Property summary

AI-generated overview

This exceptional Class A office condo, located at 31340 Nichols Sawmill Road in Magnolia, Texas (77355), presents a unique investment opportunity. Built and renovated in 2023, this single-story, 1,512 square foot unit is perfect for a variety of businesses. The property is part of the Magnolia Office Park, offering a modern and efficient workspace. The building boasts a creative and executive office subtype, making it suitable for a range of professional uses. With no air rights and a single unit configuration, this property offers simplicity and ease of management. The asking price for this turnkey space is $399,999. Situated in Montgomery County, this location provides convenient access to major transportation routes and amenities. This is a rare opportunity to acquire a brand-new, high-quality office condo in a thriving Texas market. The property's modern design and prime location make it an ideal choice for businesses seeking a sophisticated and functional workspace. Don't miss this chance to own a piece of Magnolia's vibrant commercial landscape. This is a single unit offering

Property profile

Verified
Property type Office Spaces
Year built 2023
Total area 1,512 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

31340 Nichols Sawmill Rd Magnolia, TX 77355
Magnolia metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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