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    OFF-MARKET
    Land

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

    28.68 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 28.68 ac (1,249,214 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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