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    Property profile & analytics

    12519 Wanda Ln Magnolia, TX 77354-2060

    • Manufacturing properties
    • 21,370 SF
    • 4.23 lot acres
    OFF-MARKET
    Value Estimations
    $800,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-2397628
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bison ProFab / Factory / Industrial Manufacturer
    • SMC Sheet Metal Division / Industrial Manufacturer / Production Facility
    • Signal Measurement Corporation / Shipping Company / Freight Service

    Property Details for 12519 Wanda Ln

    Year built
    1989
    Lot size
    4.23 lot acres
    Property size
    21,370 SF
    Zone code
    2
    Property type
    Manufacturing properties
    APN
    0467-00-00900
    APU
    4670000900

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $755,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $845,000
      Market price range: $619k - $863k

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $740,000
      Current use
      MEDICAL BUILDING
      $1,255,000
      Change: +70% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.6632
    Latitude
    30.1968
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $33,153
    $308,144
    $1,891,856
    $2,200,000
    -
    $308,144
    $1,891,856
    $2,200,000

    Comparable in this City

    • Value Estimation
      $555,000
      13,770 SF

      29710 Fm 2978th Rd

      MANUFACTURING (LIGHT) • 13,770 SF
      29710 Fm 2978th Rd, Magnolia, TX 77354-3088
      View Details
    • Value Estimation
      $525,000
      18,800 SF

      29639 Fm 2978th Rd

      MANUFACTURING (LIGHT) • 18,800 SF
      29639 Fm 2978th Rd, Magnolia, TX 77354-5123
      View Details
    • Value Estimation
      $990,000
      31,627 SF

      25918 Hardin Store Rd

      MANUFACTURING (LIGHT) • 31,627 SF
      25918 Hardin Store Rd, Magnolia, TX 77354-3962
      View Details
    • Value Estimation by Request
      1.00 Acre

      Magnolia, TX 77354

      MANUFACTURING (LIGHT) • 1.00 Acre
      Magnolia, TX 77354
      View Details
    • Value Estimation by Request
      4,500 SF

      5434 Fm 1488th Rd

      MANUFACTURING (LIGHT) • 4,500 SF
      5434 Fm 1488th Rd, Magnolia, TX 77354-3552
      View Details
    • Value Estimation by Request
      4,200 SF

      5514 Fm 1488th Rd

      MANUFACTURING (LIGHT) • 4,200 SF
      5514 Fm 1488th Rd, Magnolia, TX 77354-2439
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      69,550 SF

      Magnolia TX Industrial Manufacturing Facility

      69,550 SF industrial facility on 15.16 acres near Highway 249.
      25918 Hardin Store Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing
      85,000 SF

      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

      Magnolia Industrial Warehouse Investment Opportunity

      38,000 SF industrial warehouse on 3.86 acres in Magnolia, TX.
      33204 Magnolia Cir, Magnolia, TX 77354
      View Details
    • $4,799,876
      73.46 Acres

      Magnolia, TX Land - 73 Acres

      Prime 73-acre tract, ideal for development.
      12706 Wanda Ln, Magnolia, TX 77354
      View Details
    • Contact for pricing
      20.97 Acres

      Magnolia Land: 20.97 Acres

      Prime Commercial/Residential Land
      0 Fm 2978 Rd, Magnolia, TX 77354
      View Details
    • $1,100,000
      2.24 Acres

      Magnolia Commercial Land - 2.2 Acres

      High-visibility commercial land, prime location.
      FM2978 1/2, Magnolia, TX 77354
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      9,000 SF

      Freestanding Building Near SH-249

      9,000 SF building on 0.65 acres with SH-249 access.
      25232 Hardin Store Rd, Magnolia, TX 77354
      View Details
    • $8 SF/Yr
      37,493 SF

      Magnolia Office Warehouse Suites

      Modern suites, ideal for various businesses.
      26232 Fm 2978 Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing
      85,000 SF

      Magnolia Flex & Warehouse Space

      85,000 SF Available in 6 Buildings
      26823 Fm 2978 Rd, Magnolia, TX 77354
      View Details
    • $21 SF/Yr
      8,838 SF

      Magnolia Office-Warehouse Space

      Modern warehouse/office space in The Woodlands submarket.
      32118 Tamina Rd, Magnolia, TX 77354
      View Details
    • $15 SF/Yr
      2,925 SF

      Magnolia Flex/Industrial Space Available

      Flex/Industrial space available for lease in Magnolia, Texas.
      8259-8269 Fm 1488 Rd, Magnolia, TX 77354
      View Details
    • $1.25 SF/Yr
      40,000 SF

      Magnolia, TX Flex Space for Lease

      Versatile warehouse/flex space, Magnolia, TX.
      9200 Carraway Ln, Magnolia, TX 77354
      View Details
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    Magnolia, TX 77354-2060
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    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
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