15301 Fm 1488 Rd Magnolia, TX 77354
- Retail properties
- 30,000 SF
Current Use by Public Records
- Retail properties
Property Details for 15301 Fm 1488 Rd
- Property size
- 30,000 SF
- Property type
- Retail properties
Description
This exceptional Class A retail center, totaling 30,000 square feet, presents a remarkable investment opportunity in Magnolia, Texas. Located at 15301 FM 1488, this multi-tenant property offers a minimum divisible space of 1,170 square feet, perfect for a variety of retail uses. The two-story building includes elevators for convenient access. This is the first retail development within the exclusive Audubon Community, a rapidly growing area projected to include over 6,000 single-family homes and 5,200 multifamily units, boasting an average household income of $141,000 within a 5-mile radius. The center benefits from its strategic location at the intersection of FM 1488 and Mills Creek, providing easy access to Highway 249. The Audubon Community's design prioritizes walkability, with residents enjoying proximity to extensive trails, parks, and green spaces, all within a short 5-minute walk from their homes. Amenities include well-lit crosswalks and wide, 8-foot trails along Mill Creek. This presents a unique chance to establish a business in a thriving, amenity-rich community with high-income demographics. The property's prime location and the community's planned growth ensure strong potential for long-term success.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Magnolia
- County
- Montgomery
- State
- Texas
- Longitude
- -95.7495
- Latitude
- 30.2156
