Property summary
This exceptional 20-acre commercial land parcel, totaling approximately 871,200 square feet, presents a unique investment opportunity in the thriving Montgomery County area. Located at the intersection of Research Forest Drive and Coe Lane in Magnolia, TX (zip code 77354), this property offers direct access to Coe Lane from FM 1488 and potential access to Research Forest Drive for non-residential uses. The asking price is $6,751,800, translating to a land value of $7.75 per square foot. Situated near the rapidly growing master-planned community of The Woodlands, this location benefits from attractive market demographics and close proximity to Magnolia and Conroe. Utilities are readily available, with water and sewer services provided by Aqua Source. Importantly, this property is not located within a flood plain, mitigating risk and enhancing its appeal. This expansive tract is ideal for a variety of commercial developments, capitalizing on the area's robust economic growth and desirable lifestyle amenities. The three parcels comprising this offering provide flexibility for future development plans.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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