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    OFF-MARKET
    Land

    0 Fm 1488 Rd, Magnolia, TX 77354

    0.71 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional commercial land opportunity in Magnolia, Texas, at the high-traffic intersection of FM 1488 and Mills Creek. These pad sites, part of the Audubon master-planned community, offer various sizes ranging from 0.71 to 4.22 acres, with options for sale, lease, or build-to-suit. The sites boast pre-constructed driveways and utility stub-ups, ensuring a seamless development process. Located near the future XAG Retail Center (delivery Q2 2025) and a planned 326-unit Class A multifamily development, this prime location benefits from direct access to Highway 249 and a thriving community. Audubon itself encompasses approximately 3,000 acres and includes 6,000 planned homes and 5,200 multifamily units, supporting a strong average household income of $141,000 within a 5-mile radius. The community features extensive amenities such as lighted crosswalks, expansive parks, and 8-foot-wide trails along Mill Creek, all within a 5-minute walk of every residence. This presents a unique chance to be the first retail establishment in this rapidly growing, master-planned community in Magnolia ISD, Montgomery County, Texas, zip code 77354. The property is zoned for commercial use.

    Property profile
    Verified
    Property type Land
    Lot 0.71 ac (30,928 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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