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Property profile & analytics
OFF-MARKET
Estimated value
$1,760,000
Commercial real estate
33300 Egypt Ln Magnolia, TX 77354-2739
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US83-2405820
Property summary
AI-generated overview
Magnolia Crossing, located at 33300 Egypt Ln, Magnolia, TX 77354, offers exceptional executive office space in the desirable Woodlands submarket of Montgomery County. This Class B property boasts a total of 44,140 square feet, encompassing nine individual suites, perfect for businesses of varying sizes. Currently, there are 13,955 square feet of vacant space available, with options ranging from a minimum of 610 square feet to a maximum contiguous space of 6,705 square feet. The flexible layout allows for customization to meet individual tenant needs, making it ideal for both small businesses seeking efficient, modern offices and larger companies requiring more expansive workspaces. The property's "Executive Office, Outparcel/Pad, Traditional" subtype offers a diverse range of options, catering to a broad spectrum of business requirements. The building's location in the thriving Woodlands submarket provides easy access to major transportation routes, amenities, and a vibrant business community. This is a multi-tenant building, offering a collaborative and dynamic work environment. Inquire today to explore the available spaces and discover the perfect fit for your business.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Total area
19,584 SF
Lot
1.88 ac (81,849 SF)
APN
3664-00-00200
UPID
US83-2405820
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
-
Mortgage-Outfitters Loan Service Bank
-
C & C Surveying, Inc Land Surveyor
-
Fidelity National Title Title Company
-
Smith C Bryon CPA Accounting Firm Tax Preparation
-
A Great Massage Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.64M
Blend (final)
Blend
$1.76M
Owner & transaction history
Mc1 Partners LP · 6 yrs held
Mc1 Partners LP
since 2019
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.3M
+36.9%
Restaurant
$2.3M
+32.7%
Auto repair, garage
$2.0M
+19.4%
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
COMMERCIAL (GENERAL)
$1,700,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,325,000
Change: +37% · Conversion: Moderate
RESTAURANT
$2,255,000
Change: +33% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,030,000
Change: +19% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,985,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$1,640,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$1.76M
Range $1.58M – $1.94M · ±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
$90 / 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
$41,112
Tax year 2024
Assessed value
$2,487,000
Assessed 2024
Previous assessed
$2,604,180
-4.5% YoY
Effective rate
1.65%
On assessed value
Assessed land
$245,679
Assessed improvement
$2,241,321
Land market value
$245,679
Improvement market value
$2,241,321
Total market value
$2,487,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2006
Heating
ELECTRIC
Cooling
CENTRAL
Total area
19,584 SF
Lot
1.88 ac (81,849 SF)
APN
3664-00-00200
UPID
US83-2405820
Jurisdiction
MONTGOMERY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
RESTAURANT
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
2006
Heating
ELECTRIC
Cooling
Yes
Lot
1.88 ac
Current owner
From public records · entity-resolved
Mc1 Partners LP
Entity
Mailing address
PO BOX 131779, SPRING, TX 77393-1779
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2019
—
Mc1 Partners LP
—
Deed
related
$8,325,000 · Miscellaneous Ins Co
Dec 5, 2016
—
Mci Partners LP
—
Grant Deed
related
$7,600,000 · Miscellaneous Ins Co
Jan 3, 2011
—
Dma Magnolia Croossing LP
—
Trustees Deed
related
$500,000 · Jim & Jill Capela
May 3, 2010
—
Dma Magnolia Crossing LP
—
Grant Deed
related
$4,500,000 · Georgia Capital LLC
—
—
Dma Magnolia Crossing
—
Deed Of Trust
related
$1,472,870 · Capital One
—
—
Dma Magnolia Crossing LP
—
Deed Of Trust
related
$1,589,271 · Central Bank & Trust
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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