Property profile

6011 Fm 1488th Rd Magnolia, TX 77354

OFF-MARKET
Retail space
Property ID
US83-2379126
11,200 SF 1.5 ac lot Built 2004
Entity Owned 17-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2004
Total area 11,200 SF
Lot 1.5 ac (65,340 SF)
APN 5926-00-00900
UPID US83-2379126

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
  • Bakery Specialty Food Shop
  • Restaurant
  • Accounting Firm Tax Preparation
  • (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Hair Salon

Location

6011 Fm 1488th Rd Magnolia, TX 77354-2737
Magnolia metro Census 690608 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
$689k
Blend (final) Blend
$535k

Owner & transaction history

since 2008
2 recorded transactions
2008
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $655,000 +6.2%

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
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 6011 Fm 1488th 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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message