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Town Center-Zoned Commercial Land
New
For Sale
$349,900

114 - 118 Commerce Street, Magnolia, TX 77355

Eight city lots include existing structures identified for removal at the buyer’s expense.

Property SizeContact for details
Days on Market5

Property Features for 114 - 118 Commerce Street

General Information

Standard status Active
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $3,848

Amenities

Corner Lot
Cleared
Open Lot
Listing Agency: CARSWELL REAL ESTATE CO. INC.
Listed By: ANGELA KNEE HAHN
Source: Corcoran
Added: Sep 22 Changed: Sep 24 Last Checked: Sep 26 at 7:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CARSWELL REAL ESTATE CO. INC.

Investment Insights

Based on property information with market context.

Located at 114–118 Commerce Street in Magnolia, this commercial land parcel comprises eight city lots and approximately 28,560 square feet, with dimensions of 240 feet by 119 feet. Existing structures are designated for removal at the buyer’s expense.

The property is zoned Town Center. Nearby context includes multiple Magnolia school campuses and an apartment complex. Retail and restaurant businesses are identified as potential uses under the zoning, subject to purchaser verification with the City of Magnolia.

Key Highlights

  • Eight city lots totaling approximately 28,560 square feet
  • Parcel dimensions: 240' X 119'
  • Town Center zoning; retail and restaurant uses are identified, subject to City of Magnolia verification

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Computer & Electronic Repair Barber Shop Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

568
Businesses Nearby

Demographics for 77355, TX

29,300
Population
11,279
Households
2.6
Avg Household Size
40
Median Age
27%
College-Educated
89%
High-School Grad
55.6 sq mi
ZIP Area
527
Density / Sq Mi
$101,270
Median Household Income
$57,481
Median Earnings
$1,472
Median Rent
$329,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Eight city lots include existing structures identified for removal at the buyer’s expense.
Where is this commercial land located?
The property is located at 114 - 118 Commerce Street Magnolia, TX.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Eight city lots totaling approximately 28,560 square feet; Parcel dimensions: 240' X 119'; Town Center zoning; retail and restaurant uses are identified, subject to City of Magnolia verification
More about this property
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