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Property profile

35243 Tx-249 Pinehurst, TX 77362

OFF-MARKET
Land
0.44 ac lot
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Property summary

AI-generated overview

This exceptional 0.44-acre commercial property in Pinehurst, Texas, presents a unique investment opportunity. Located at 35243 Highway 249, this site boasts approximately 95 feet of frontage on the heavily trafficked Highway 249 (FM 1774), experiencing 26,466 vehicles per day, and proximity to the Aggie Expressway (Highway 249) with 28,571 vehicles per day. The property includes existing structures: a 3,600 square foot office building and a 2,310 square foot storage building, providing immediate potential for various uses. Situated in Montgomery County, within the Magnolia ISD school district, this location offers easy access to FM 1774 and FM 149, making it highly visible and convenient for businesses. The property is equipped with a septic tank and electricity. Ideal for retail or commercial development, this land presents a compelling opportunity to capitalize on the high traffic volume and strategic location just south of Magnolia. The property's size and existing buildings offer flexibility for a range of commercial ventures. This is a prime location for businesses seeking high visibility and accessibility in a rapidly growing area. The zip code is 77362.

Property profile

Verified
Property type Land
Lot 0.44 ac (19,166 SF)

Cap rate & NOI

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

Location

35243 Tx-249 Pinehurst, TX 77362
Pinehurst metro
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Value estimations

Realmo proprietary · 4 methods
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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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