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    Nichols Sawmill Rd Magnolia, TX 77355

    For Sale
    Contact for pricing

    Prime Magnolia commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.9-acre (approximately 126,324 square feet) commercial lot is situated in Magnolia, Texas, at the address of Nichols Sawmill Road, north of Grand Oaks Boulevard, and boasts a highly desirable location. The property is served by Grand Oaks MUD utilities. Importantly, no onsite detention is required, and the elevated site sits 3 feet above the floodplain, eliminating floodway concerns. Its strategic position offers easy access to major thoroughfares, being just 1.5 miles from SH1488. The property benefits from its proximity to established community infrastructure, including the South Magnolia Office Park, Magnolia Elementary, and Magnolia Junior High. This location is also conveniently near the entrance to the Glen Oaks master-planned community, a thriving residential area projected to encompass 872 homes upon completion, providing a substantial and growing customer base. The APN is 5391-00-00100. This presents a unique opportunity for developers seeking a well-located parcel in a rapidly expanding area of Montgomery County, Texas, with zip code 77355.

    Property Features for 0 Nichols Sawmill Rd

    General Information

    Property type
    Land
    Lot Size
    126,324 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.752828978361
    Latitude
    30.188542954571

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    FAQs

    What type of property is this?
    Land - Prime Magnolia commercial land, ideal for development.
    Where is this land located?
    The property is located at Nichols Sawmill Rd Magnolia, TX.
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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
    Nichols Sawmill Rd Magnolia, TX 77355
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