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    Property profile & analytics
    OFF-MARKET Estimated value $2,195,000
    Warehouses

    18015 Fm 1488th Rd, Magnolia, TX 77354-8563

    55,474 SF 5.28 ac lot Built 2017
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US83-2295404
    Property summary
    AI-generated overview

    This exceptional 1,550 square foot commercial property, located in Montgomery County, presents a unique opportunity for a variety of businesses. The space is ideally suited for a single tenant and offers a flexible layout combining office and warehouse areas. The air-conditioned office space encompasses approximately 800 square feet, providing a comfortable and efficient workspace. The remaining 750 square feet is dedicated to warehouse space, perfect for storage or light manufacturing. The property's "flex" nature makes it adaptable to a wide range of uses, catering to businesses requiring both office and storage capabilities. Its single-tenant occupancy ensures privacy and control over the entire space. The property is classified as Office, Industrial, and Special Purpose, reflecting its versatility and potential. This is an excellent opportunity for a small business seeking a functional and well-designed space in a convenient Montgomery County location. The property is ready for immediate occupancy, offering a seamless transition for your business operations. The combination of office and warehouse space provides a practical solution for companies needing both administrative and storage areas within a single location. This property is an ideal choice for businesses seeking efficiency and convenience. Its size and layout are particularly well-suited for small to medium-sized enterprises.

    Property profile
    Verified
    Property type Warehouses
    Use group MINI-WAREHOUSE, STORAGE
    Year built 2017
    Total area 55,474 SF
    Lot 5.28 ac (230,127 SF)
    APN 6247-01-00100
    UPID US83-2295404
    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
    • Otwell Construction Inc Construction Company General Contractor
    • Gulf State Storage-Magnolia Parkway Storage Storage Facility
    • Jessica Lizette Barrera Physician
    • Dixie De Leung Physician
    • PRISTINE OB-GYN CARE - Magnolia Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.20M
    Owner & transaction history
    JORDAN FRENCH PROPERTIES LLC
    JORDAN FRENCH PROPERTIES LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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