Back to Search
Property profile & analytics
OFF-MARKET
Medical Office Space
7025 Fm 1488th Rd Magnolia, TX 77354-4777
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US83-2325174
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2010
Construction
FRAME
Total area
4,920 SF
Lot
0.73 ac (31,642 SF)
Zoning code
2
APN
9495-00-05800
UPID
US83-2325174
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
-
Child and Family Eye Care Optometrist Sunglasses Store
-
Dr. Troy Wagner Physician
-
Lisa La Susa Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wagnertc Realty LLC · 5 yrs held
Wagnertc Realty LLC
since 2021
7 recorded transactions
Zoning & alternative use
2 · Magnolia, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$14,129
Tax year 2024
Assessed value
$962,211
Assessed 2024
Previous assessed
$895,000
+7.5% YoY
Effective rate
1.47%
On assessed value
Assessed land
$253,136
Assessed improvement
$709,075
Land market value
$253,136
Improvement market value
$709,075
Total market value
$962,211
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2010
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Bathrooms
2
Total area
4,920 SF
Lot
0.73 ac (31,642 SF)
Zoning code
2
APN
9495-00-05800
UPID
US83-2325174
Jurisdiction
MONTGOMERY
Zoning & alternative use
2 · Magnolia, TXZoning 2 · permitted uses
2 · Magnolia, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2010
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Bathrooms
2
Lot
0.73 ac
Current owner
From public records · entity-resolved
Wagnertc Realty LLC
Entity
Mailing address
7025 FM 1488TH RD, MAGNOLIA, TX 77354-4777
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2021
—
Wagnertc Realty LLC
Wagnertc PC
Intrafamily Transfer
related
$764,144 · First Financial Bank NA
Jun 23, 2015
—
Moffatt Wagner PC
—
Trustees Deed
related
$863,000 · Wells Fargo Bk
Jun 30, 2008
—
Wagner Moffatt PC
Alders,michael W & Patricia
Warranty Deed
$175,500 · Ryan Colburn
Mar 15, 2002
—
Michael W Alders
Bell,merlyn D & Beatrice W
Grant Deed
$115,000 · Merlyn D & Beatrice W Bell
Jun 5, 2001
—
Merlyn D Bell
Clasteck Developers Ltd
Grant Deed
related
—
May 11, 2001
—
Clasteck Developers INC
Clay,bruce
Grant Deed
related
—
Nov 10, 1999
—
Bruce Clay Ttee
Roberts,gerald
Grant Deed
related
—
Jan 13, 1998
—
Gerald Roberts
Haney,robert D
Quit Claim Deed
related
—
—
—
Wagner Moffatt PC
—
Deed Of Trust
related
$916,401 · Regions Bank
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.
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 7025 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.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
