7B Magnolia Blvd New Caney, TX 77357

This exceptional 5-acre commercial land parcel sits at the northeast corner of Plum Grove Road and Magnolia Blvd in New Caney, Texas (77357). Boasting approximately 260 feet of frontage on Plum Grove Road and approximately 850 feet on Magnolia Boulevard, this unrestricted, undeveloped property presents a remarkable development opportunity. Its strategic location is less than half a mile south of the recently completed Grand Parkway extension, easily accessible via the Huffman Cleveland Road exit. The area is experiencing rapid growth, with nearby residential developments like Los Pinos and Saint Tropez (over 4,000 lots) and Santa Fe (over 20,000 lots) currently under construction. This prime location is ideal for retail, general commercial, or multifamily projects. Utilities are readily available, and the property is conveniently situated near Plum Creek Freshwater Supply District No. 1 and Plum Creek Management District. Importantly, FEMA maps indicate the property is not located in a flood plain. Future infrastructure improvements include a proposed FM 1485 extension (approximately 0.25 miles south) and a proposed Plum Grove Road extension and widening (approximately 500 feet north). The property is in Harris County, within the Huffman ISD, and had a total tax rate of $2.01 per $100 of assessed value in 2021. The asking price is $1,524,600, with a land value of $7 per square foot.