Property summary
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
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Pharmacy
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(Bike/Boat/Book/etc) Store Pet Store & Service
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Gas Station
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Restaurant
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Food Market Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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