0 Fm 149 Rd Magnolia, TX 77354
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.
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.