11721 Fm 1488th Rd, Magnolia, TX 77354-2771
This exceptional Magnolia, Texas property offers 32,200 square feet of versatile commercial space, combining retail storefront, warehouse, and unique living quarters above a three-stall barn. Situated on 4.915 acres with approximately 500 feet of frontage on FM 1488 at a signalized intersection, this property boasts high visibility and easy access. The main building features a 19,140 square foot retail/warehouse storefront with a wrap-around porch, offering ample space for retail operations or showroom displays, complemented by a large warehouse area. A separate 12,160 square foot warehouse, equipped with a sprinkler system, provides additional storage or operational space. Adding to its unique appeal, a 900 square foot living space above the three-stall barn offers convenient on-site management or owner-occupant options. The property includes approximately 41 parking spaces and an automatic gated entry. A strategically placed detention pond manages stormwater runoff. Its prime location near the Magnolia Event Center and Magnolia Parkway Elementary, and within five miles of TX-249 near the Audubon Development, ensures high traffic and strong potential for growth. The ample land provides opportunities for future expansion or additional development. This owner-user investment opportunity is ideal for businesses requiring a blend of retail, warehouse, and office space, offering a unique combination of functionality and convenience. The property's multiple buildings, built in 2015 and 2021, feature 16-22 foot ceiling heights. The Montgomery County location, with its 77354 zip code, offers a thriving commercial environment.
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RND Rustics Furniture & Home Goods Home Decor Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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