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Property profile & analytics
OFF-MARKET
Land

1488 & Magnolia Rdg Blvd Magnolia, TX 77354

2.43 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2.43 ac (105,981 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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