1488 & Magnolia Rdg Blvd Magnolia, TX 77354
This exceptional 2.433-acre commercial land parcel presents a unique investment opportunity in the thriving Magnolia, Texas market. Strategically located at the intersection of FM 1488 and Magnolia Ridge Boulevard, this pad site boasts unparalleled accessibility and visibility. The property is situated less than a mile from Magnolia's downtown area, ensuring convenient access to local amenities and a strong customer base. Utility and access agreements are already in place, simplifying the development process. The site benefits from its location within MUD #1 and the Audubon Water Control and Improvement District, providing essential infrastructure and services. Furthermore, this land parcel is ideally positioned just north of the substantial 479-acre Magnolia Ridge residential development, guaranteeing a large and growing potential customer base. Significant road improvements are currently underway in the area, including the FM 249 Extension, widening of FM 1488, and the Aggie Expressway, further enhancing accessibility and future growth potential. This prime location, coupled with existing infrastructure and planned improvements, makes this property an exceptional investment for commercial development in a rapidly expanding market. Don't miss this chance to secure a prominent position in one of Texas' fastest-growing communities. The property's size and location make it ideal for a variety of commercial uses. The zip code is 77354, and the property is in Montgomery County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.