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    21750 Farm To Market Rd Magnolia, TX 77355

    For Sale
    $489,300

    1.62 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.62-acre commercial land parcel in Magnolia, Texas, presents a compelling investment opportunity. Boasting 234.85 feet of frontage on FM 1488, this wooded lot enjoys high visibility and accessibility in a rapidly growing area. Its strategic location offers easy access to FM 1774 and Hwy 249, with Hwy 290 and Hwy 99 (Grand Parkway) within a 25-minute drive. The property is situated near established residential communities like the new Williams Trace and Ranch Crest subdivisions, ensuring a strong potential customer base. Adjacent to the site is a 6.39-acre Ranchcrest Detention Pond. This prime location is ideal for a variety of commercial developments, including retail, townhome projects, or office spaces. The property's asking price is $489,300, and its Montgomery County APN is R286036. The property's address is 21750 Farm to Market Rd 1488, Magnolia, TX 77355. Its proximity to Houston and George Bush Intercontinental Airport (IAH), approximately one hour south, further enhances its appeal. This high-growth, high-traffic area promises significant return on investment.

    Property Features for 21750 Farm To Market Rd

    General Information

    Property type
    Land
    Lot Size
    70,567 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.802378888986
    Latitude
    30.189293670926

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    FAQs

    What type of property is this?
    Land - 1.62 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 21750 Farm To Market Rd Magnolia, TX.
    What is the asking price?
    The asking price for this property is $489,300.
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    21750 Farm To Market Rd Magnolia, TX 77355
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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
    21750 Farm To Market Rd Magnolia, TX 77355
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