Property summary
Exceptional investment opportunity awaits with this expansive 73-acre commercial and residential land parcel located at 12441 FM 1488 in Magnolia, Texas, within Montgomery County (zip code 77354). This level site boasts an impressive 2,056 feet of frontage along FM 1488, strategically positioned between the thriving communities of The Woodlands and Magnolia. A significant advantage is the availability of a letter confirming wet utility service, eliminating a major hurdle for development. Importantly, this property is not located within a designated floodplain. The seller is offering the entire 73 acres as a single unit, presenting a unique opportunity for large-scale development. However, the property's size and location also lend themselves to potential subdivision for investors seeking smaller parcels. This prime location offers excellent accessibility and visibility, making it ideal for a variety of commercial and residential projects. A virtual tour is available for a comprehensive view of the property. The asking price for this exceptional property is $15,000,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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