Property summary
This exceptional 7.5-acre commercial and industrial land parcel in Magnolia, Texas, presents a unique investment opportunity. Located at Spur 149 Rd, 77354, Montgomery County, this unrestricted property offers significant potential for development. The asking price is $1,750,000, translating to $233,333 per acre. A partial ownership in an adjacent 8-acre lake is included. Preliminary plans are in place for a business park featuring twenty 2,500 square-foot rentable spaces, with building… designs already developed (see listing photos). These designs encompass six 50' x 150' buildings and one 50' x 100' building. The property benefits from its proximity to recently completed developments such as HEB, Magnolia Place, Magnolia Village, and Heritage Green. Furthermore, it's conveniently located near the Audubon Master Planned community (projected 4,500 homes) and the upcoming Two Step Farm neighborhood (1,100 homes). This strategic location is ideal for supporting the burgeoning local trade businesses serving these new residential areas. The existing site work, including underbrush clearing and a TXDOT-approved driveway application, significantly reduces development time. This property offers immediate potential for generating monthly lease revenue, capitalizing on Magnolia's rapid growth—ranked as the 7th fastest-growing area in the greater Houston area in Q3 2023.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Alternative use
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