Property profile

18015 Fm 1488th Rd Magnolia, TX 77354

OFF-MARKET
Warehouses
Property ID
US83-2295404
55,474 SF 5.28 ac lot Built 2017
Entity Owned Absentee Owner Free & Clear
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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

Current use

Occupant on record · Public records
  • Construction Company General Contractor
  • Storage Facility
  • Physician
  • Physician
  • Medical Clinic

Location

18015 Fm 1488th Rd Magnolia, TX 77354-8563
Magnolia metro Census 690300 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

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

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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