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Commercial Land with Shops
For Sale
$1,600,000

5319 Fm 1488 Rd, Magnolia, TX 77354

Two existing buildings provide office, storage, and shop space for commercial or residential use.

Property SizeContact for details
Days on Market8

Property Features for 5319 Fm 1488 Rd

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $8,903
Listing Agency: JANE BYRD PROPERTIES INTERNATIONAL LLC
Listed By: Timothy Adams
Source: Elliman
Added: Sep 29 Changed: Sep 30 Last Checked: Oct 5 at 7:09PM

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 JANE BYRD PROPERTIES INTERNATIONAL LLC

Investment Insights

Based on property information with market context.

This commercial parcel includes two shop buildings: an approximately 400 SF structure configured as an office or shop, and an approximately 2,300 SF shop with four roll-up doors. The larger building also has a bathroom and a separate office or storage area. The property is fully fenced and has two gated entrances; private well and septic are in place, with public utilities available. Commercial and residential use are stated, and the site is not in a flood zone.

At the corner of FM 1488 and Lois Lane, the property has approximately 260 feet of street frontage. I-45 is about 10 minutes away, while Conroe/Grand Central Park and The Woodlands are each approximately 15 minutes away.

Key Highlights

  • Two shop buildings: approximately 400 SF and 2,300 SF
  • Larger shop has four roll‑up doors, a bathroom, and separate office or storage space
  • Approximately 260 feet of street frontage at the corner of FM 1488 and Lois Lane

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store Electrical Service

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

595
Businesses Nearby

Demographics for 77354, TX

40,625
Population
15,747
Households
2.6
Avg Household Size
38
Median Age
42%
College-Educated
93%
High-School Grad
74.2 sq mi
ZIP Area
548
Density / Sq Mi
$112,093
Median Household Income
$58,832
Median Earnings
$1,850
Median Rent
$379,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Two existing buildings provide office, storage, and shop space for commercial or residential use.
Where is this commercial land located?
The property is located at 5319 Fm 1488 Rd Magnolia, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Two shop buildings: approximately 400 SF and 2,300 SF; Larger shop has four roll‑up doors, a bathroom, and separate office or storage space; Approximately 260 feet of street frontage at the corner of FM 1488 and Lois Lane
More about this property
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