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33210 Magnolia Cir 2,673 SF Office Building Magnolia, TX 77354 $1,039,000 ($388.70/SF) 7% Cap Rate
Executive Summary
Beautifully remodeled homesite, currently leased to a foster care facility on a NNN lease with escalations.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
2,673 SF
Building Class
B
Year Built/Renovated
1996/2021
Price
$1,039,000
Price Per SF
$388.70
Cap Rate
7%
NOI
$72,730
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,336 SF
Building FAR
0.05
Lot Size
1.20 AC
Zoning
2 - Unrestricted commercial property.
Parking
5 Spaces (1.87 Spaces per 1,000 SF Leased)
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Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 5171-00-00800 | Improvements Assessment | $258,740 |
| Land Assessment | $460,430 | Total Assessment | $719,170 |
Property Taxes
Parcel Number
5171-00-00800
Land Assessment
$460,430
Improvements Assessment
$258,740
Total Assessment
$719,170
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33210 Magnolia Cir
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