Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Neq Of Grand Pne Dr & Abel Ln Magnolia, TX 77355

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Neq Of Grand Pne Dr & Abel Ln Magnolia, TX 77355

    View on Map
    • Land
    • 28.68 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Neq Of Grand Pne Dr & Abel Ln

    Lot size
    28.68 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 28.678-acre industrial land parcel is ideally situated at the northeast quadrant of Grand Pines Drive and Abel Lane in Magnolia, Texas (77355), Montgomery County. Priced at $3,750,000 ($3/sq ft land value), this property offers unparalleled access to major thoroughfares. The recent completion of Grand Pines Drive provides a direct route connecting Magnolia to the 99 Grand Parkway, offering a quick alternative to the 249 Aggie Express Way. The site enjoys convenient proximity to key areas, including just 4.9 miles north of the 99 Grand Parkway along Mueschke Road and 6 miles south of Magnolia along Nichols Sawmill Road. Benefiting from its strategic location, the property is adjacent to the planned 250+ acre Starlight Home Development (MUD currently forming) and near DR Horton's 280+ acre Grand Pines Development. A significant advantage is the property's location outside of any FEMA-designated flood plain. The seller will consider dividing the property to accommodate potential buyers' needs. This presents a rare opportunity to acquire a substantial tract of land in a rapidly growing area with excellent infrastructure and development potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.7445
    Latitude
    30.1112

    Comparable in this City

    • Value Estimation by Request
      1.18 Acres

      26643 Nichols Sawmill Rd

      Land • 1.18 Acres
      26643 Nichols Sawmill Rd, Magnolia, TX 77355
      View Details
    • Value Estimation by Request
      1.00 Acre

      19520 Fm 1488 Rd

      Land • 1.00 Acre
      19520 Fm 1488 Rd, Magnolia, TX 77355
      View Details
    • Value Estimation by Request
      2.61 Acres

      38425 Fm 1774 Rd

      Land • 2.61 Acres
      38425 Fm 1774 Rd, Magnolia, TX 77355
      View Details
    • Value Estimation by Request
      6.73 Acres

      Baneberry Rd

      Land • 6.73 Acres
      0 Baneberry Rd, Magnolia, TX 77355
      View Details
    • Value Estimation by Request
      6.50 Acres

      Fm 1774 Rd

      Farms • 6.50 Acres
      0 Fm 1774 Rd, Magnolia, TX 77355
      View Details
    • Value Estimation by Request
      2.90 Acres

      Nichols Sawmill Rd

      Land • 2.90 Acres
      0 Nichols Sawmill Rd, Magnolia, TX 77355
      View Details

    Similar Nearby for Sale

    • $225,000

      Magnolia Land Ready For Build

      Land with electricity, RV plug, and prepared dirt pads.
      18915 Veterans Rd, Magnolia, TX 77355
      View Details
    • $600,000

      Magnolia Land For Sale

      Land available for sale in Magnolia, Texas.
      19811 Fm 1488 Rd, Magnolia, TX 77355
      View Details
    • $1,250,000

      Magnolia Land For Sale

      Land available for purchase in Magnolia, Texas.
      38609 Fm 1774 Rd, Magnolia, TX 77355
      View Details
    • $478,500

      Unrestricted Land with Dirt Pads

      Eight-acre property with two prepared building pads and updated electrics.
      26156 Red Oak Dr, Magnolia, TX 77355
      View Details
    • $1,275,000

      Land For Sale Magnolia, TX

      Land available for purchase in Magnolia, Texas.
      Fm 1774 Rd, Magnolia, TX 77355
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      42,000 SF

      New Construction Warehouse Space Available

      New construction warehouse space for lease in Magnolia, Texas.
      36811 Fm 1774 Rd, Magnolia, TX 77355
      View Details
    • Contact for pricing

      Magnolia Flex Space For Rent

      Flex space available for lease near TX-249.
      20160 Fm 1488 Rd, Magnolia, TX 77355
      View Details
    • Contact for pricing

      Retail Space Available for Rent

      Retail spaces ranging from 1,200 to 1,360 SqFt available.
      20555 Fm 1488 Rd, Magnolia, TX 77355
      View Details
    • Contact for pricing

      Office Spaces Available For Rent

      Office spaces available, ranging from 1,320 to 2,000 SqFt.
      827 Magnolia Blvd, Magnolia, TX 77355
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Neq Of Grand Pne Dr & Abel Ln
    Magnolia, TX 77355
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!