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    Miller Magnolia, TX 77354

    Sponsored
    For Sale
    $1,350,000

    9.8 Acres, High-Growth Area, Development Ready

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional 9.8-acre commercial tract presents a unique investment opportunity in the rapidly developing Magnolia, Texas area. Situated directly across the street from the newly constructed Moore Landing subdivision, a thriving community of over 300 homes, this property benefits from immediate proximity to a significant residential population. Currently zoned outside city limits and utilized for residential/agricultural purposes, this blank canvas offers immense potential for a variety of commercial ventures. The existing infrastructure includes established utilities on-site, simplifying the development process and reducing initial costs. Its strategic location provides convenient access to essential amenities, with a major grocery store (HEB) approximately 5.5 miles away and The Woodlands just minutes from the property. The high growth trajectory of the surrounding area, coupled with the property's size and readily available utilities, makes this an ideal site for developers seeking to capitalize on the burgeoning commercial demand in this thriving community. The absence of existing structures allows for complete design flexibility, catering to a wide range of commercial uses. This is a rare opportunity to acquire a substantial land parcel in a prime location poised for significant appreciation. Serious inquiries are encouraged.

    Property Features for Miller

    General Information

    Property type
    Other commercial real estate
    Lot Size
    427,759 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.63971
    Latitude
    30.19367

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    FAQs

    What type of property is this?
    Commercial real estate - 9.8 Acres, High-Growth Area, Development Ready
    Where is this commercial real estate located?
    The property is located at Miller Magnolia, TX.
    What is the asking price?
    The asking price for this property is $1,350,000.
    (979) 272-1759
    Request Owner's contact information
    Miller Magnolia, TX 77354
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    Magnolia, TX 77354
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Miller Magnolia, TX 77354
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