Property profile

27402 Dobbin-Huffsmith Rd Magnolia, TX 77354

OFF-MARKET
Land
9.85 ac lot
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Property summary

AI-generated overview

This exceptional 9.851-acre property in Magnolia, Texas, presents a unique investment opportunity. Located at 27402 Dobbin-Huffsmith Rd, 77354, in Montgomery County, this land parcel offers a blend of industrial and residential potential. Situated on the east side of Dobbin-Huffsmith Road, south of Carraway Lane and east of Toll Brothers' Northgrove at Spring Creek development, the property benefits from excellent visibility and accessibility. It's also conveniently located across from a KB Homes residential development and adjacent to Carraway RV & Boat Storage and DR Horton's Enclave at Dobbin Huffsmith. The site features two man-made ponds, which could potentially serve as future detention areas. The property is outside the 500-year floodplain and floodway, according to FEMA data. Utility applications are processed through Quadvest. This high-growth market is poised for further expansion, with plans to widen Hufsmith-Conroe Road to FM 1488 from two to four lanes. The asking price for this remarkable property is $1,299,000. This location offers significant advantages for developers seeking a strategic foothold in a rapidly expanding area of Magnolia, Texas. The property's mixed-use zoning potential and proximity to established residential and commercial developments make it an attractive investment.

Property profile

Verified
Property type Land
Lot 9.85 ac (429,110 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

27402 Dobbin-Huffsmith Rd Magnolia, TX 77354
Magnolia metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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