0 Nichols Sawmill Rd, Magnolia, TX 77355
This exceptional 69.59-acre property presents a unique investment opportunity in Magnolia, Texas, within Montgomery County. Located at 0 Nichols Sawmill Road, zip code 77355, this expansive tract offers significant potential for both residential and commercial development. The asking price is $3,757,860, translating to a land value of $54,000 per acre. Its strategic location provides convenient access to key transportation arteries. The site is directly off Nichols Sawmill Road, approximately 3.2 miles (6 minutes) from FM 1774 and 3.4 miles (7 minutes) from FM 1488, ensuring easy commutes and efficient logistics. Furthermore, the property benefits from its proximity to established residential communities, enhancing its appeal and potential for seamless integration into the existing neighborhood fabric. The land is situated just south of Magnolia Elementary School, adding to its family-friendly appeal and potential for residential development. This versatile property offers a compelling opportunity for developers seeking a substantial land parcel in a rapidly growing area of Texas. The combination of its size, location, and accessibility makes it an ideal candidate for a variety of development projects. Serious inquiries are encouraged.
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.