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    32415 Tamina Rd Magnolia, TX 77354
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    Property profile & analytics

    32415 Tamina Rd Magnolia, TX 77354

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    • Office buildings
    • 6,390 SF
    • 0.92 lot acres
    For Lease
    $13 SF/Yr
    View Listing →
    Magnolia Flex Space: Prime Location For Lease
    $13 SF/Yr

    Magnolia Flex Space: Prime Location

    Modern 6,615 sq ft office/flex space in Magnolia, TX.

    32415 Tamina Rd, Magnolia, TX 77354
    View Listing
    Property ID
    US83-2388122
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ceramic Pro The Woodlands / Car Wash

    Property Details for 32415 Tamina Rd

    Year built
    2018
    Construction
    CONCRETE BLOCKS
    Lot size
    0.92 lot acres
    Property size
    6,390 SF
    Zone code
    2
    Property type
    Office buildings
    APN
    9495-02-40600
    APU
    94950240600

    Description

    This exceptional 6,615 square foot office and flex space, built in 2024, presents a unique opportunity for single-tenant occupancy. Located at 32415 Tamina Rd, Magnolia, TX 77354, this property boasts a prime location, offering convenient access to Woodlands Parkway and FM 1488. The building, constructed in 2024, features a two-story design and encompasses a total of 6,615 square feet. The space is versatile, catering to a variety of business needs, encompassing flex, traditional office, and creative office sub-types. The property includes all necessary power provisions. Its single-tenant occupancy ensures exclusive use and control. The building's modern design and convenient location make it an ideal choice for businesses seeking a functional and accessible workspace. The property is classified as both office and industrial, offering a blend of functionality and adaptability. This is a rare opportunity to secure a brand-new, high-quality space in a rapidly growing area. Don't miss out on this chance to establish your business in a thriving community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $588,000
      Market price range: $232k - $972k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $535,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $760,000
      Change: +42% Conversion: Easy
      RESTAURANT
      $735,000
      Change: +38% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $660,000
      Change: +24% Conversion: Difficult
      WAREHOUSE, STORAGE
      $650,000
      Change: +21% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $555,000
      Change: +4% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.5802
    Latitude
    30.2098
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $15,930
    $320,000
    $707,653
    $1,027,653
    -
    $320,000
    $707,653
    $1,027,653

    Comparable in this City

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      9.27 Acres

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      View Details
    • Value Estimation
      $1,955,000
      36,607 SF

      32100 Dobbin Huffsmith Rd

      OFFICE BUILDING • 36,607 SF
      32100 Dobbin Huffsmith Rd, Magnolia, TX 77354-6389
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    • Value Estimation by Request
      960 SF

      33207 Glenda Dr

      OFFICE BUILDING • 960 SF
      33207 Glenda Dr, Magnolia, TX 77354-2330
      View Details
    • Value Estimation
      $830,000
      5,952 SF

      32503 Tamina Rd

      OFFICE BUILDING • 5,952 SF
      32503 Tamina Rd, Magnolia, TX 77354-4196
      View Details
    • Value Estimation by Request
      8,600 SF

      33003 Tamina Rd

      OFFICE BUILDING • 8,600 SF
      33003 Tamina Rd, Magnolia, TX 77354
      View Details
    • Value Estimation by Request
      2,040 SF

      29801 Wichita Fls St

      OFFICE BUILDING • 2,040 SF
      29801 Wichita Fls St, Magnolia, TX 77354-2928
      View Details

    Similar Nearby for Sale

    • $2,575,000

      Commercial Land with Office Facilities

      1.80 acre commercial tract with frontage on FM 1488.
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      View Details
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      4,050 SF

      Magnolia Commercial Building For Sale

      4,050 SF commercial building in high-traffic Magnolia corridor.
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      Magnolia Office Building For Sale

      2,600 SF office building available in Magnolia, Texas.
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      Magnolia Retail/Office Space Available

      Retail/office space available in high-growth area near FM 1488.
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      Retail/Office Flex/Showroom Space

      Retail/office flex/showroom space available in a growing area.
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      Planned Development with Flex Space

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    Similar Nearby for Lease

    • Contact for pricing

      New Office-Warehouse with Flexible Layout

      Versatile office-warehouse space with build-to-suit potential.
      32118 Tamina Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing

      Modern Flex/Showroom Near The Woodlands

      Contemporary flex space suitable for showroom, manufacturing, or warehouse.
      32503 Tamina Rd, Magnolia, TX 77354
      View Details
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      Office Condos For Lease

      Office condos for lease in The Woodlands submarket.
      33300 Egypt Ln, Magnolia, TX 77354
      View Details
    • $10 SF/Yr

      Magnolia Office-Warehouse and Co-working Spaces

      Office-warehouse and co-working spaces available for lease in Magnolia, TX.
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      Medical Building in Woodlands Submarket

      Medical building with available spaces in a high-traffic location.
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      Magnolia Office Space For Lease

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    View Listing
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    32415 Tamina Rd
    Magnolia, TX 77354
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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