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    OFF-MARKET
    Retail space

    814 Honea Egypt Rd, Magnolia, TX 77354-3863

    5,804 SF 0.42 ac lot Built 2014
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US83-2394011
    Property summary
    AI-generated overview

    This 4,152 square foot Class C retail storefront, built in 2014, is situated on a 0.42-acre lot at 814 Honea Egypt Rd, Magnolia, TX 77354. The property enjoys a prime location on heavily trafficked FM 2978, boasting a daily vehicle count of 28,631. Its strategic position just north of the intersection of FM 1488 and FM 2978, one of Montgomery County's busiest intersections, ensures high visibility and accessibility. The surrounding area is experiencing significant growth, with nearby developments including the expansive 3,000-acre Woodforest master-planned community, home to over 13,000 residents and featuring numerous residential neighborhoods, parks, and commercial amenities. This thriving community, coupled with new commercial developments in the immediate vicinity, creates a strong potential for future retail and commercial growth, making this storefront an excellent investment opportunity. The property's location within Montgomery County, Texas, offers easy access to major transportation routes and a robust consumer base. This well-positioned retail space presents a compelling opportunity for businesses seeking a high-traffic location within a rapidly expanding area. The building itself is a 2014 construction, offering modern amenities and the potential for customization to suit a variety of retail uses.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2014
    Total area 5,804 SF
    Lot 0.42 ac (18,400 SF)
    Zoning code 2
    APN 9495-04-34700
    UPID US83-2394011
    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
    • Sunflower massage Alternative Medicine Practice Spa & Massage Center
    • Wood & Smart Design, LLC Construction Company General Contractor
    • La Reserva Homeowners Association Association / Organization
    • E' Komo Mai Beauty LLC (Bike/Boat/Book/etc) Store Cosmetic Store
    • Vape in Town (Bike/Boat/Book/etc) Store
    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
    Dooley Properties LLC · 3 yrs held
    Dooley Properties LLC
    since 2022
    5 recorded transactions
    2022
    2018
    2014
    2012
    1969
    Zoning & alternative use
    2 · Magnolia, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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