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Property profile & analytics
OFF-MARKET
Land

33074 Frst St Magnolia, TX 77354

3.47 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.47-acre commercial land parcel presents a remarkable investment opportunity in Magnolia, Texas. Boasting approximately 242 feet of frontage on the heavily trafficked FM 1488, this property enjoys visibility to an average daily count of 29,000 vehicles. Its strategic location places it just 0.25 miles from a major HEB grocery store, ensuring high consumer traffic and convenient access for potential businesses. Furthermore, its proximity to The Woodlands, a renowned area with established communities like Alden Bridge and Sterling Bridge, adds significant value and potential for growth. The property is conveniently situated outside the floodplain, with all essential utilities readily available, simplifying development and construction processes. The asking price is $2,300,000, translating to a land value of $15.22 per square foot. This presents a compelling opportunity for developers and investors seeking a prime location with high visibility and strong potential for return on investment in a rapidly growing Texas market. The property's size and location make it suitable for a variety of commercial developments.

Property profile
Verified
Property type Land
Lot 3.47 ac (151,153 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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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