00 Fm 1488 Rd Magnolia, TX 77354
This exceptional 0.43-acre commercial lot presents a unique investment opportunity in Magnolia, Texas. Located on FM 1488, this unrestricted property boasts 80 feet of frontage, providing unparalleled visibility to the nearly 44,000 vehicles passing daily. Its prime location on the northern edge of The Woodlands ensures high traffic volume and easy access to a densely populated area. The lot benefits from its proximity to major thoroughfares, including I-45 to the east and the new 249 Expressway (Aggie Highway) to the west, offering convenient connectivity for businesses and customers. Adding to its appeal, this property sits directly across from a significant shopping center anchored by a Home Depot, guaranteeing high foot traffic and brand recognition. The property is not located within a floodplain. Further enhancing its value, an existing commercial sign lease is included in the sale, providing immediate income potential. This is one of the last undeveloped commercial lots between FM 2978 and I-45, making it a truly rare find. The APN is 9495-03-55800. The asking price is $720,000, and the ownership is fee simple.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.