Property profile

32010 Fm 2978th Rd Magnolia, TX 77354

OFF-MARKET
Warehouses
Property ID
US83-2202580
101,645 SF 2.97 ac lot Built 2016
Entity Owned 3-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2016
Total area 101,645 SF
Lot 2.97 ac (129,330 SF)
APN 9693-11-00100
UPID US83-2202580

Cap rate & NOI

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

Location

32010 Fm 2978th Rd Magnolia, TX 77354-2429
Magnolia metro Census 690608 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
$6.56M
Blend (final) Blend
$7.70M

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $12.1M +17.1%
Restaurant $11.7M +13.6%
Auto repair, garage $10.5M +2.2%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 32010 Fm 2978th Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message