18977 Todd Rd, Magnolia, TX 77355
This exceptional 2.2-acre commercial land parcel in Magnolia, Texas, presents a remarkable investment opportunity. Located at 18977 Todd Rd, in Montgomery County, this property boasts 380 feet of frontage on FM 1488, situated at a highly visible hard corner. The strategic location benefits from the upcoming widening of FM 1488 to four lanes, promising increased traffic flow and enhanced visibility. The surrounding area is experiencing significant residential growth, creating a strong demand for retail, commercial, and service businesses. This site is ideally suited for a variety of developments, including a convenience store with a quick-service restaurant, a retail strip center, warehouse/office space, or a restaurant. The asking price is $620,000. This prime location offers substantial potential for investors seeking to capitalize on the rapid expansion of Magnolia, Texas. The property's zoning and specific development possibilities should be verified independently. The address is 18977 Todd Rd, Magnolia, TX 77355. The property's latitude and longitude coordinates are 30.19321442003781 and -95.78309611594933 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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