Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    32731 Egypt Ln | Magnolia, TX 77354 Magnolia, TX 77354
    Back to Search
    Property profile & analytics

    32731 Egypt Ln | Magnolia, TX 77354 Magnolia, TX 77354

    View on Map
    • Office Units
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Unique Language Solution / Translation Service
    • Sylvan Learning of The Woodlands and Magnolia / Tutoring Service
    • 74 Homes LLC / Hardware & Home Improvement / Interior Design
    • IdentoGO of Magnolia / Fingerprinting Service
    • Buendia Enterprises Inc / Building Supply

    Property Details for 32731 Egypt Ln | Magnolia, TX 77354

    Year built
    2015
    Property type
    Office Units
    Property subtype
    Office buildings

    Description

    Located just south of Research Forest Drive on Egypt Lane. Building 1 with great visibility from Egypt Lane and easy access. The property is a quick drive to Westwood Village Shopping Mall anchored by Target, T.J. Maxx, Office Max, and Pet Smart. Location Description Located in Magnolia, just outside The Woodlands. Property is just off of FM 1488 & FM 2978, with quick access to Research Forest providing an easy route to Westgate Crossing and The Woodlands. Highlights One suite available; 1,225 square feet [Suite 103]. These beautiful, clean office condos sit in Magnolia, just outside The Woodlands. Move-in ready with furniture in most offices. 5 offices in the suite along with a restroom. Ample natural sunlight. Stone facade gives a modern and professional look. The flooring consists of hard wood in the hallways, tiles in the restroom, and carpeted offices that are all in great shape. The property is located just off of FM 1488 & FM 2978, with quick access to Research Forest. Conveniently located next to retail stores and restaurants benefitting your employees and customers alike. Quick and easy access to residences and corporate offices located throughout The Woodlands.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    State
    Texas
    Longitude
    -95.5696
    Latitude
    30.2114

    Comparable in this City

    • Value Estimation by Request
      1,350 SF

      28789 Hardin Store Rd

      Office Units • 1,350 SF
      28789 Hardin Store Rd, Magnolia, TX 77354
      View Details
    • Value Estimation by Request
      1,350 SF

      28789 Hardin Store Rd

      Office Units • 1,350 SF
      28789 Hardin Store Rd, Magnolia, TX 77354
      View Details
    • Value Estimation by Request
      4,800 SF

      32611 Tamina Rd

      Office Units • 4,800 SF
      32611 Tamina Rd, Magnolia, TX 77354
      View Details
    • Value Estimation by Request
      2,844 SF

      7511 Farm To Market Rd

      Medical Office Space • 2,844 SF
      7511 Farm To Market 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
      4,800 SF

      32615 Tamina Rd

      Office Units • 4,800 SF
      32615 Tamina Rd, Magnolia, TX 77354
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Magnolia Retail/Office Space Available

      Retail/office space available in high-growth area near FM 1488.
      6875 Fm 1488 Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing

      Retail/Office Flex/Showroom Space

      Retail/office flex/showroom space available in a growing area.
      32403 Fm 2978 Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing

      Magnolia Commercial Land Opportunity

      2.71 acres of unrestricted commercial land near residential developments.
      9930 Sendera Dr, Magnolia, TX 77354
      View Details
    • 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
      5,946 SF

      Magnolia Office Space Available

      Second generation office space available for sale in Magnolia, TX.
      18230 Fm 1488 Rd, Magnolia, TX 77354
      View Details
    • $1,300,000
      2,000 SF

      Equine Barndominium on 6 Acres

      Equine-oriented barndominium with flexible living and working space.
      39526 Cimarron Way, Magnolia, TX 77354
      View Details

    Similar Nearby for Lease

    • 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
    • Contact for pricing

      Move-In Ready Magnolia Office Space

      Modern 1,350 SF office suite near The Woodlands and Tomball.
      28789 Hardin Store Rd, 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

      Modern Flex/Showroom Near The Woodlands

      Contemporary flex space suitable for showroom, manufacturing, or warehouse.
      32503 Tamina Rd, Magnolia, TX 77354
      View Details
    • $18 SF/Yr

      Office Condos For Lease

      Office condos for lease in The Woodlands submarket.
      33300 Egypt Ln, 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.
    32731 Egypt Ln | Magnolia, TX 77354
    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
    32731 Egypt Ln | Magnolia, TX 77354, 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!