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