Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    19265 Alford Rd Magnolia, TX 77355

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $296,000

    Prime 1.21-acre site with redevelopment potential in high-growth area.

    Lot size:
    1.21 Acres

    Property Features for 19265 Alford Rd

    General Information

    Lot size
    1.21 Acres

    We can help!

    Listing Contact
    Joel C. English
    Joel C. English
    Source: Moodyscre

    Listing Agency: Texas Commercial Real Estate Services Listing Agent: Joel C. English

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Magnolia Redevelopment Opportunity

    This property presents a redevelopment opportunity in the rapidly growing Magnolia market. The site spans approximately 1.21 acres and includes three existing buildings that offer interim income potential or adaptable use before redevelopment. It features approximately 530.1 feet of frontage on Alford Road, providing visibility and long-term value. Situated just off FM 1488, the location benefits from approximately 11,045 average annual daily traffic (AADT) as of 2024, according to TxDOT, ensuring consistent traffic exposure. The property is located in a high-growth corridor surrounded by residential, retail, and commercial expansion. The flexible site has potential for retail, office, or mixed-use redevelopment. It offers regional connectivity via FM 1488, SH 249 (Aggie Expressway), and FM 1774.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.783085
    Latitude
    30.18711

    Nearby Similar for Sale

    • Contact for pricing
      69,550 SF

      Magnolia TX Industrial Manufacturing Facility

      69,550 SF industrial facility on 15.16 acres near Highway 249.
      25918 Hardin Store Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing
      49,076 SF

      Office-Warehouse and Co-Working Spaces

      Office-warehouse and co-working spaces with private storage available for lease.
      8259 Farm To Market Rd, Magnolia, TX 77354
      View Details
    • $1,300,000

      Equine Barndominium on 6 Acres

      Equine-oriented barndominium with flexible living and working space.
      39526 Cimarron Way, Magnolia, TX 77354
      View Details
    • Contact for pricing

      Magnolia Industrial Warehouse Investment Opportunity

      38,000 SF industrial warehouse on 3.86 acres in Magnolia, TX.
      33204 Magnolia Cir, Magnolia, TX 77354
      View Details
    • $750,000

      Unrestricted Magnolia Property with Updated Home

      5-acre property with updated home, ideal for various uses.
      30906 Walnut Creek Rd, Magnolia, TX 77355
      View Details
    • $1,600,000
      4,480 SF

      Gated Silverado Ranches Retreat

      Private 8-acre retreat with main house and guest apartment.
      30820 Collier Smith Rd, Magnolia, TX 77354
      View Details
    • $350,000
      1,350 SF

      Magnolia Office Condo For Sale

      Office condominium in Magnolia, TX, near The Woodlands.
      28789 Hardin Store Rd, Magnolia, TX 77354
      View Details
    • $2,200,000

      Texas Equestrian Estate with Workshop

      29+ acre Texas estate with custom home and equestrian facilities.
      1534 Virgie Community Rd, Magnolia, TX 77354
      View Details
    • $349,000
      1,200 SF

      Versatile Flex Space in Magnolia

      Functional flex space with roll-up door in prime location.
      5432 Fm 1488 Rd, Magnolia, TX 77354
      View Details
    • $1,230,000

      Turnkey RV Park Investment Opportunity

      Established RV Park on 2 acres with income potential.
      36815 Fm 1774 Rd, Magnolia, TX 77355
      View Details
    • Contact for pricing
      85,000 SF

      Planned Development with Flex Space

      85,000 SF planned development offering warehouse, flex, and office spaces.
      26823 Fm 2978 Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing
      28,080 SF

      Magnolia Retail/Office Space Available

      Retail/office space available in high-growth area near FM 1488.
      6875 Fm 1488 Rd, Magnolia, TX 77354
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime 1.21-acre site with redevelopment potential in high-growth area.
    Where is this commercial land located?
    The property is located at 19265 Alford Rd Magnolia, TX.
    What is the asking price?
    The asking price for this property is $296,000.
    What are key features of this property?
    This property features: - Prime ±1.21-acre redevelopment opportunity in rapidly growing Magnolia market.; - Benefit from ±530.1 FT of frontage on Alford Road for strong visibility and long-term value.; - Located in a high-growth corridor surrounded by residential, retail, and commercial expansion.
    (713) 473-7200
    Request Owner's contact information
    19265 Alford Rd Magnolia, TX 77355
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    19265 Alford Rd
    Magnolia, TX 77355
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    19265 Alford Rd Magnolia, TX 77355
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Joel C. English
    Joel C. English
    Real Estate License ID: 465800
    (713) 473-7200 (281) 898-0895
    Learn more
    Google sign-in failed. Please try again or use another login method.