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    Fm 149 Rd Magnolia, TX 77354

    Sponsored
    For Sale
    $1,734,777

    2.95 Acres, High Visibility, Unrestricted

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 2.95-acre commercial land parcel presents a remarkable investment opportunity in the rapidly growing Magnolia, Texas market. Boasting a highly desirable hard corner location at the intersection of FM 149 Road and Magnolia Hills Drive, this property offers approximately 260 feet of frontage on FM 149 Road and approximately 365 feet of frontage on Magnolia Hills Drive, ensuring maximum visibility and accessibility. Its strategic location places it approximately 0.2 miles from the Magnolia Reserve residential development, capitalizing on the area's expanding residential base. Furthermore, its proximity to FM 1488 (approximately 1.8 miles) provides convenient access to major transportation routes. The property is unrestricted, offering flexibility for a wide range of commercial developments. Importantly, this land is situated outside the floodplain, minimizing potential risk. The asking price for this prime commercial land is $1,734,777. This presents a unique chance to acquire a significant tract of land in a thriving Texas community poised for continued growth and development. Don't miss this exceptional opportunity to secure a prominent position in Magnolia's burgeoning commercial landscape. The property is located in Montgomery County, Texas, with a zip code of 77354.

    Property Features for 0 Fm 149 Rd

    General Information

    Property type
    Land
    Lot Size
    128,502 SF

    HighLights

    • $1,734,777 asking price for 2.95 acres of commercial land.
    • Hard corner lot at FM 149 Rd and Magnolia Hills Dr in Magnolia, TX.
    • Approximately 260' of frontage on FM 149 Rd and 365' on Magnolia Hills Dr.
    • Located near Magnolia Reserve residential development and FM 1488.
    • Unrestricted land outside the floodplain.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.702905148907
    Latitude
    30.253663241146

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    FAQs

    What type of property is this?
    Land - 2.95 Acres, High Visibility, Unrestricted
    Where is this land located?
    The property is located at Fm 149 Rd Magnolia, TX.
    What is the asking price?
    The asking price for this property is $1,734,777.
    What are key features of this property?
    This property features: $1,734,777 asking price for 2.95 acres of commercial land.; Hard corner lot at FM 149 Rd and Magnolia Hills Dr in Magnolia, TX.; Approximately 260' of frontage on FM 149 Rd and 365' on Magnolia Hills Dr.
    (713) 690-0000
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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
    Fm 149 Rd Magnolia, TX 77354
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