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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Warehouses
32015 Tamina Rd Magnolia, TX 77354-2266
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US83-2371659
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2014
Total area
6,250 SF
Lot
1.15 ac (50,007 SF)
Zoning code
2
APN
9495-02-07000
UPID
US83-2371659
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
-
Golsby Construction LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$340k
CAP Approach
CAP
$595k
Comparable Approach
Comparable
$726k
Blend (final)
Blend
$555k
Owner & transaction history
Ginco Holdings LLC · 8 yrs held
Ginco Holdings LLC
since 2018
2 recorded transactions
Zoning & alternative use
2 · Magnolia, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$740,000
+17.1%
Restaurant
$720,000
+13.6%
Auto repair, garage
$645,000
+2.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Magnolia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Magnolia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$340,000
CAP Approach
CAP Return
Estimation
6%
$645,000
6.5%
$595,000
7%
$550,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$635,000
Current use
APARTMENT HOUSE (5+ UNITS)
$740,000
Change: +17% · Conversion: Difficult
RESTAURANT
$720,000
Change: +14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$645,000
Change: +2% · Conversion: Easy
COMMERCIAL (GENERAL)
$540,000
Change: -14% · Conversion: Difficult
OFFICE BUILDING
$525,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$89 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$11,957
Tax year 2024
Assessed value
$880,000
Assessed 2024
Previous assessed
$757,370
+16.2% YoY
Effective rate
1.36%
On assessed value
Assessed land
$400,000
Assessed improvement
$480,000
Land market value
$400,000
Improvement market value
$480,000
Total market value
$880,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2014
Heating
NONE
Cooling
NONE
Buildings
2
Total area
6,250 SF
Lot
1.15 ac (50,007 SF)
Zoning code
2
APN
9495-02-07000
UPID
US83-2371659
Jurisdiction
MONTGOMERY
Zoning & alternative use
2 · Magnolia, TX
Zoning 2 · permitted uses
2 · Magnolia, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Magnolia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$635,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$740,000
RESTAURANT
Est. value
$720,000
AUTO REPAIR, GARAGE
Est. value
$645,000
COMMERCIAL (GENERAL)
Est. value
$540,000
OFFICE BUILDING
Est. value
$525,000
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Heating
NONE
Cooling
Yes
Buildings
2
Lot
1.15 ac
Current owner
From public records · entity-resolved
Ginco Holdings LLC
Entity
Mailing address
32015 TAMINA RD, MAGNOLIA, TX 77354-2266
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2018
—
Ginco Holdings LLC
Johnnie L Golsby
Warranty Deed
$150,000 · Comerica Bank
Dec 21, 2012
—
Eddie R Fendley
Bodin,tara J
Warranty Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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