Property profile

17600 Fm 1488 Rd Magnolia, TX 77354

FOR LEASE
Office Spaces
Property ID
US83-2316607
Entity Owned 10-yr Hold
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Property summary

AI-generated overview

Located in a high-density residential and commercial corridor in Magnolia, Texas (Montgomery County, within the Magnolia Independent School District), the property has frontage of approximately 95 feet on FM 1488 and approximately 250 feet on Rolling Hills Rd and is positioned near the SH-249 Extension on/off ramp and Downtown Magnolia. The site is cyclone fenced and stabilized and includes a reception area, a break room/kitchen, two bathrooms, and four to five offices, with utilities available on-site. The property sits directly across from a planned hospital development, is within Magnolia city limits, and is zoned for industrial use.

Property profile

Verified
Property type Office Spaces
UPID US83-2316607

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Plumbing Service General Contractor

Location

17600 Fm 1488 Rd Magnolia, TX 77354
Magnolia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2016
1 recorded transaction
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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