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Property profile & analytics
OFF-MARKET Estimated value $895,000
Commercial real estate

7214 Fm 1488th Rd Magnolia, TX 77354-2762

15,654 SF 1.6 ac lot Built 2005
Entity Owned 4-yr Hold Free & Clear
Property ID
US83-2457487
Property summary
AI-generated overview

This exceptional 4,120 square foot retail property, located at 7214 FM 1488 in Magnolia, Texas, presents a unique opportunity for businesses seeking a prominent presence in a thriving Montgomery County community. The single-story building offers a flexible layout, currently entirely vacant and ready for immediate occupancy. The space is classified as a shopping center, neighborhood center, and retail center, making it suitable for a wide range of retail uses. With a minimum divisible space of 2,050 square feet and a maximum contiguous space of 4,100 square feet, this property caters to businesses of varying sizes. The high-traffic location on FM 1488 ensures excellent visibility and accessibility for customers. The property's convenient location within Magnolia, Texas, 77354, offers easy access to a growing residential population and surrounding businesses. This is an ideal opportunity to establish or expand your retail operation in a dynamic and desirable market. The entire 4,120 square feet is available for lease. Contact us today to learn more about this exceptional retail space.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Construction FRAME
Total area 15,654 SF
Lot 1.6 ac (69,609 SF)
Zoning code 2
APN 5171-00-04500
UPID US83-2457487
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
  • FBC Mortgage, LLC Loan Service Bank
  • Red Flame Steak & Grill Restaurant
  • RE/MAX Signature - Magnolia Office Real Estate Agency
  • PLANET PUFF MAGNOLIA | Vapes | Smoke Shop | CBD | Delta 8 | THCA | Kratom | Disposables | Hookah | Novelties | Dispensary | (Bike/Boat/Book/etc) Store
  • Friendzy Salon Spa Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.19M
Blend (final) Blend
$895k
Owner & transaction history
811 North Loop LLC · 4 yrs held
811 North Loop LLC
since 2022
6 recorded transactions
2022
Price N/A
2005
Price N/A
2004
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
2 · Magnolia, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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