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    OFF-MARKET
    Land

    3440 Corolla Rd, Magnolia, TX 77354

    10 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 10-acre property in Magnolia, Texas, presents a remarkable opportunity for residential development. Comprising two 5-acre tracts sold together, this land boasts a coveted location adjacent to the Grand Lakes Estates Golf Course, offering breathtaking views and a highly desirable setting for future residents. The property's strategic positioning benefits from a planned major road extension along its eastern border, dramatically improving accessibility and enhancing its appeal. An easement to Corolla Road will further enhance access points. This prime location, coupled with the upcoming infrastructure improvements, makes this an unparalleled investment for developers seeking to capitalize on the growth of Magnolia. The property's size and location make it ideal for multi-family residential development or other high-density projects. Don't miss this chance to acquire a strategically positioned property in one of Magnolia's most sought-after areas. The property is zoned for residential use (verification required by buyer). The 77354 zip code offers convenient access to amenities and major roadways. This is a rare opportunity to secure a substantial land parcel poised for significant appreciation.

    Property profile
    Verified
    Property type Land
    Lot 10 ac (435,600 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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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