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Property profile & analytics
OFF-MARKET
Office buildings
1115 Yancey Dr, Magnolia, TX 77355-5299
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US83-2331211
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Total area
2,500 SF
Lot
0.62 ac (27,094 SF)
Zoning code
2
APN
9910-00-02000
UPID
US83-2331211
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
-
Sweet Rides Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Marc Rancourt · 10 yrs held
Marc Rancourt
since 2016
7 recorded transactions
Zoning & alternative use
2 · Magnolia, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Magnolia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Magnolia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$8,056
Tax year 2024
Assessed value
$448,783
Assessed 2024
Previous assessed
$430,000
+4.4% YoY
Effective rate
1.80%
On assessed value
Assessed land
$81,282
Assessed improvement
$367,501
Land market value
$81,282
Improvement market value
$367,501
Total market value
$448,783
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1983
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Bathrooms
4
Total area
2,500 SF
Lot
0.62 ac (27,094 SF)
Zoning code
2
APN
9910-00-02000
UPID
US83-2331211
Jurisdiction
MONTGOMERY
Zoning & alternative use
2 · Magnolia, TX
Zoning 2 · permitted uses
2 · Magnolia, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Magnolia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Heating
FORCED AIR
Cooling
Yes
Buildings
3
Bathrooms
4
Lot
0.62 ac
Current owner
From public records · entity-resolved
Marc Rancourt
Individual
Mailing address
115 YANCY DR, MAGNOLIA, TX 77355
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2024
—
Marc Rancourt
—
Deed
related
$200,000 · The Chasewood Bank
Feb 12, 2016
—
Marc Rancourt
Alton Hues
Venders Lien
$168,125 · Jpmorgan Chase Bank NA
May 7, 2014
$168,293
Toledo,summerlin Hues Investme Trust
Fowler William T
Trustees Deed
—
Oct 23, 2013
—
Brian Costello
Flaming J Partners LLC
Grant Deed
$163,375 · Flaming J Partners LLC
May 8, 2013
$100,000
Flaming J Partners LLC
Fowler William T
Trustees Deed
—
Jan 4, 2010
—
Old West Investments LLC
Flaming J Partners LLC
Warranty Deed
$179,000 · Flaming J Partners LLC
Oct 17, 2006
—
Flaming J Partners LLC
Brown,dixon E
Warranty Deed
related
—
—
—
Dixon E Brown
—
Deed Of Trust
related
$94,400 · First Bank Conroe NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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