New search
Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Warehouses
32403 Tamina Rd, Magnolia, TX 77354-3653
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US83-2398425
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2013
Total area
10,125 SF
Lot
0.46 ac (20,000 SF)
Zoning code
2
APN
9495-02-40800
UPID
US83-2398425
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
-
Twigs And Blooms Florist (Bike/Boat/Book/etc) Store Florist
-
Steri-Clean Texas Commercial Cleaning Service
-
Pipe Crate (Bike/Boat/Book/etc) Store
-
Doyle Cooling & Heating Services Hardware & Home Improvement HVAC Service
-
Fusion Fence Company General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$688k
Blend (final)
Blend
$660k
Owner & transaction history
32403 Tamina LLC · 11 yrs held
32403 Tamina LLC
since 2015
7 recorded transactions
Zoning & alternative use
2 · Magnolia, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,025,000
Current use
AUTO REPAIR, GARAGE
$1,050,000
Change: +2% · Conversion: Easy
COMMERCIAL (GENERAL)
$880,000
Change: -14% · Conversion: Difficult
OFFICE BUILDING
$845,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$660k
Range $594k – $726k · ±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
$65 / 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
$12,630
Tax year 2024
Assessed value
$834,647
Assessed 2024
Previous assessed
$800,000
+4.3% YoY
Effective rate
1.51%
On assessed value
Assessed land
$160,000
Assessed improvement
$674,647
Land market value
$160,000
Improvement market value
$674,647
Total market value
$834,647
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
2013
Heating
NONE
Cooling
NONE
Buildings
3
Total area
10,125 SF
Lot
0.46 ac (20,000 SF)
Zoning code
2
APN
9495-02-40800
UPID
US83-2398425
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
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$880,000
OFFICE BUILDING
Est. value
$845,000
WAREHOUSE, STORAGE Current
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
2013
Heating
NONE
Cooling
Yes
Buildings
3
Lot
0.46 ac
Current owner
From public records · entity-resolved
32403 Tamina LLC
Entity
Mailing address
8416 OLD MCGREGOR RD, WOODWAY, TX 76712-6499
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2015
—
32403 Tamina LLC
Plaza City LLC
Venders Lien
$725,000 · First National Bank Of Central Tx
Feb 5, 2014
—
Plaza City LLC
Wood & Smart Design INC
Warranty Deed
$200,000 · Wood & Smart Design INC
Jan 18, 2013
—
Wood & Smart Design INC
Rekresa Sa De Cv
Warranty Deed
—
Mar 3, 2011
—
Rekresa Sa De Cv
Phillips,thomas A & Ann
Warranty Deed
related
—
Mar 4, 2010
—
Thomas A Phillips
—
Trustees Deed
related
$50,000 · Stoecker Michael B (te)
Dec 23, 2008
—
Tom Phillips
—
Trustees Deed
related
$500,000 · Texas Community Bank & Trust
May 1, 2008
—
Owner Name Unavailable
Felarca,allison B
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.
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 32403 Tamina 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.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
