Property profile

6318 Fm 1488th Rd Magnolia, TX 77354

OFF-MARKET
Retail space
Property ID
US83-2406566
14,592 SF 1.72 ac lot Built 2004
Entity Owned 4-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 14,592 SF
Lot 1.72 ac (75,054 SF)
APN 9495-03-04000
UPID US83-2406566

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
  • Physician
  • Physician
  • Physician
  • Vocational School Training Center
  • Dental Office

Location

6318 Fm 1488th Rd Magnolia, TX 77354-2763
Magnolia metro Census 690501 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$555k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.12M
Blend (final) Blend
$835k

Owner & transaction history

since 2021
5 recorded transactions
2021
Price N/A
2014
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.3M +56.9%
Office building $1.2M +51.3%
Medical building $855,000 +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 6318 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