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Property profile & analytics
FOR SALE
Shopping centers

13663 Fm 1488 Rd Magnolia, TX 77354

Entity Owned
Property ID
US83-2202486
Property summary
AI-generated overview

Property Information: Brand New HEB anchored mixed-use development surrounded by multiple retail projects & master planned communities Pad Sites for Ground Lease or Build to Suit Available ±18,000 SF of Shopping Center space available with endcap drive-thrus (Phase I) Exceptional Demographics - +/-$150K per household (see below) Access to SH-149 Spur & FM-1488 & cross access with HEB Population growth of over 30% is estimated over the next five years Location of Site: https://maps.app.goo.gl/wrFz5EHdzhZA74KR9 Drone Footage of Site: https://drive.google.com/file/d/17bRJx1DyZrt76b3rsvOUenKRdbqQUea4/view Marketing Video: https://vimeo.com/1030389507?share=copy&fl=cl&fe=ci HEB Facts: 1.27 million visits in 2023 Est $147 million in sales Important note, this HEB is ranked number one out of the 6 surrounding HEB’s nearby. Reach out to Harrison Mohn for information on the site: [email protected] or 713-898-3976

Property profile
Verified
Property type Shopping centers
UPID US83-2202486
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
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Additech Gas Station
  • Margo Bitcoin ATM Atm Crypto Atm
  • Coinstar Kiosk - Bitcoin ATM Atm Currency Exchange Service
  • H-E-B Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Texas Microgrid II LLC
Texas Microgrid II LLC
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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