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    OFF-MARKET
    Commercial real estate

    18977 Todd Rd, Magnolia, TX 77355

    2.2 ac lot
    Property ID
    US83-2504668
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2.2 ac (95,832 SF)
    UPID US83-2504668
    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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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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