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    OFF-MARKET
    Neighborhood centers

    18535 Fm 1488 Rd, Magnolia, TX 77354

    94,448 SF Built 1985
    Property ID
    Property summary
    AI-generated overview

    This exceptional 94,448 square foot multi-tenant property, built in 1985, is situated at the high-traffic intersection of FM 1774 and FM 1488 in Magnolia, Texas, boasting 33,398 cars per day. The Renaissance Center offers a unique opportunity for businesses seeking flexible space options. Currently, there are 15,954 square feet of vacant space available, divisible into units ranging from 2,100 to 7,794 contiguous square feet. The property's diverse tenant mix includes a Brookshire Brothers grocery store and other daily-use businesses, ensuring high visibility and foot traffic. This location is ideal for medical offices (with second-generation medical space available), restaurants, service businesses, and retail establishments. The property benefits from direct access and excellent visibility from both FM 1488 and FM 1774. Located in Montgomery County, Texas, with a 77354 zip code, this property presents a compelling investment opportunity in a thriving community. The address is 18535 FM 1488 Rd, Magnolia, TX. Showings are by appointment only

    Property profile
    Verified
    Property type Neighborhood centers
    Year built 1985
    Total area 94,448 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
    • Legacy Nutrition (Bike/Boat/Book/etc) Store Pharmacy
    • Petsense by Tractor Supply (Bike/Boat/Book/etc) Store Pet Store & Service
    • Brookshire Brothers Fuel Gas Station
    • Birria & Chips Mexican Restaurant Restaurant
    • The Honey Baked Ham Company Food Market Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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