Property profile

5148 Fm 1488th Rd Magnolia, TX 77354

OFF-MARKET
Office buildings
Property ID
US83-2413208
12,000 SF 8.56 ac lot Built 1975
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1975
Construction CONCRETE BLOCKS
Total area 12,000 SF
Lot 8.56 ac (372,786 SF)
Zoning code 2
APN 0546-00-01710
UPID US83-2413208

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5148 Fm 1488th Rd Magnolia, TX 77354-2438
Magnolia metro Census 690501 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.04M
CAP Approach CAP
$2.31M
Comparable Approach Comparable
$1.83M
Blend (final) Blend
$1.73M

Owner & transaction history

since 2020
2 recorded transactions
2020
Price N/A
1969
Price N/A

Zoning & alternative use

2 · Magnolia, TX
Top alternative use upside
Apartment house (5+ units) $1.4M +42.0%
Restaurant $1.4M +37.7%
Auto repair, garage $1.2M +23.8%

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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