Property profile

32823 Fm 2978th Rd Magnolia, TX 77354

OFF-MARKET
Retail space
Property ID
US83-2387178
16,480 SF 1.84 ac lot Built 1998
Individually Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1998
Total area 16,480 SF
Lot 1.84 ac (79,976 SF)
Zoning code 2
APN 9495-00-39600
UPID US83-2387178

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
  • Restaurant
  • Spa & Massage Center
  • Restaurant
  • Restaurant
  • Furniture & Home Goods

Location

32823 Fm 2978th Rd Magnolia, TX 77354-6060
Magnolia metro Census 690406 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
$661k
Blend (final) Blend
$525k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2019
Price N/A
2008
Price N/A
1999
Price N/A
1998
Price N/A
1997
Price N/A
1969
Price N/A

Zoning & alternative use

2 · Magnolia, TX

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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