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Financial
Distress signals
Property profile

9201 Fm 1488 Rd Magnolia, TX 77354

FOR SALE
Retail space
Property ID
US83-2457493
19,950 SF 2.28 ac lot Built 2002
Last sale Oct 2005
Individually Owned Owner of record is an individual. 21-yr Hold Held for 21 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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9201 Fm 1488 Rd, Magnolia, TX 77354 For Sale
$620,000 19,950 SF
9201 Fm 1488 Rd, Magnolia, TX 77354
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Property summary

AI-generated overview

Lake Windcrest Center, located at 9201 FM 1488 in Magnolia, Texas (zip code 77354), offers prime retail space for lease. This multi-tenant commercial center sits on a 2.28-acre lot in Montgomery County and boasts a total building size of 20,843 square feet. Currently, there are 4,180 square feet of vacant space available, divisible into units as small as 1,080 square feet. Larger contiguous spaces of up to 3,100 square feet are also possible. The property's convenient location in Magnolia,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$36k
Tax billed · 2024
Assessed value$2.60M
Assessed land$795k
Assessed improvement$1.80M
Effective rate1.40%

Value estimate

· Oct 2026
$620k
$558k – $682k
AI approach$495k
Submarket $/SF estimate$747k
NOI build-up
Gross scheduled income$428k
Vacancy & credit loss−$24k
Operating expenses−$121k
NOI · 1,570,127.78% cap applied$283k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
1,570,127.78%
$283k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.9
Dental Office12.2
Auto Parts Store11.2

Location

9201 Fm 1488 Rd Magnolia, TX 77354
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

16 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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