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Property profile & analytics
OFF-MARKET
Land

0 Fm 149 Rd Magnolia, TX 77354

2.95 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.95-acre commercial land parcel presents a remarkable investment opportunity in the rapidly growing Magnolia, Texas market. Boasting a highly desirable hard corner location at the intersection of FM 149 Road and Magnolia Hills Drive, this property offers approximately 260 feet of frontage on FM 149 Road and approximately 365 feet of frontage on Magnolia Hills Drive, ensuring maximum visibility and accessibility. Its strategic location places it approximately 0.2 miles from the Magnolia Reserve residential development, capitalizing on the area's expanding residential base. Furthermore, its proximity to FM 1488 (approximately 1.8 miles) provides convenient access to major transportation routes. The property is unrestricted, offering flexibility for a wide range of commercial developments. Importantly, this land is situated outside the floodplain, minimizing potential risk. The asking price for this prime commercial land is $1,734,777. This presents a unique chance to acquire a significant tract of land in a thriving Texas community poised for continued growth and development. Don't miss this exceptional opportunity to secure a prominent position in Magnolia's burgeoning commercial landscape. The property is located in Montgomery County, Texas, with a zip code of 77354.

Property profile
Verified
Property type Land
Lot 2.95 ac (128,502 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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