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    Property profile & analytics
    FOR LEASE
    Retail space

    9201 Fm 1488 Rd, Magnolia, TX 77354

    19,950 SF 2.28 ac lot Built 2002
    Individually Owned 20-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US83-2457493
    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, Texas provides excellent visibility and accessibility for businesses seeking a thriving retail environment. The flexible space options cater to a variety of retail needs, making Lake Windcrest Center an ideal location for businesses of all sizes. The property is classified as retail commercial space and offers a unique opportunity to establish or expand a retail presence in a dynamic and growing community. Interested parties should inquire about available space and lease terms. The property's latitude and longitude coordinates are 30.2208173 and -95.604198 respectively.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2002
    Total area 19,950 SF
    Lot 2.28 ac (99,447 SF)
    APN 6791-05-37210
    UPID US83-2457493
    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
    • A Southern Style Salon Hair Salon Nail Salon
    • SHAGGIE DOG SALON Pet Grooming Service
    • Lake Windcrest Cleaners (Bike/Boat/Book/etc) Store
    • Chad Everett, D.C. - Magnolia Chiropractor Alternative Medicine Practice
    • Precision Pools & Spas General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $495k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $747k
    Blend (final) Blend
    $620k
    Owner & transaction history
    Owner Name Unavailable · 20 yrs held
    Owner Name Unavailable
    since 2005
    3 recorded transactions
    2005
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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