Current Use by Public Records
- Land
Property Details for 0 Fm 1488 & Gable Cir
- Lot size
- 0.90 lot acres
- Property type
- Land
Description
This exceptional 0.901-acre unrestricted land parcel presents a prime development opportunity in Magnolia, Texas. Strategically located on FM 1488 and Gable Circle in Montgomery County (zip code 77354), this site boasts exceptional visibility and accessibility. The property is situated less than 2.3 miles from the SH 249 (Aggie Expressway) on-ramp, providing convenient access to major transportation arteries. Its location within the Magnolia ETJ (Extra Territorial Jurisdiction) and less than 5 miles east of downtown Magnolia ensures high traffic counts, estimated at approximately 25,604 vehicles per day on FM 1488. The area is experiencing significant growth, with numerous single-family residential developments underway and many commercial plans approved, creating a robust and expanding market. This presents a unique chance to capitalize on the area's burgeoning commercial sector. The property is served by Magnolia ISD and utilities are conveniently located on-site. Priced at $799,000, this is an exceptional investment opportunity for developers seeking a high-traffic, high-growth location. Don't miss this chance to secure a piece of Magnolia's thriving future.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Magnolia
- County
- Montgomery
- State
- Texas
- Longitude
- -95.6577
- Latitude
- 30.2225
