Property profile

31007 Fm 2978th Rd Magnolia, TX 77354

OFF-MARKET
Grocery and convenience stores
Property ID
US83-2442566
3,900 SF 2.24 ac lot Built 2014
Entity Owned 16-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2014
Construction FRAME
Total area 3,900 SF
Lot 2.24 ac (97,574 SF)
APN 9275-00-00100
UPID US83-2442566

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
  • Grocery & Convenience Store Food Market
  • Atm
  • Grocery & Convenience Store
  • Restaurant

Location

31007 Fm 2978th Rd Magnolia, TX 77354-2308
Magnolia metro Census 690407 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2009
7 recorded transactions
2018
Price N/A
2009
Price N/A
2009
Price N/A
2008
Price N/A
2008
Price N/A
1969
Price N/A
1969
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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