38425 Fm 1774 Rd, Magnolia, TX 77355
This exceptional 2.61-acre commercial and industrial land parcel is ideally situated at the southwest corner of FM 1774 and West Lost Creek Boulevard in Magnolia, Texas. Priced at $1,400,000, this property offers significant development potential. The lot boasts 543 feet of frontage along FM 1774, providing excellent visibility and accessibility. Located just two miles south of Magnolia's town center and 3.5 miles east of State Highway 249, this location offers convenient access to major thoroughfares, including FM 1488, providing easy commutes to College Station, Conroe, and Tomball. The property is platted (Montgomery County Appraisal District Tax ID 347691) and benefits from the availability of public water and sanitary sewer. Its strategic position at the main entrance to the Lakes of Magnolia Subdivision ensures high visibility and potential for significant foot traffic. The area is experiencing robust growth and high traffic volume, making it an attractive investment opportunity. Furthermore, its proximity to the Magnolia Police Department and other local establishments adds to its appeal. The property is a short drive from Houston and George Bush Intercontinental Airport (IAH), approximately one hour south. This prime location makes it suitable for a variety of commercial and industrial developments. This is a rare opportunity to acquire a well-positioned, sizable lot in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.