24327 Nichols Sawmill Rd Magnolia, TX 77355
This exceptional 6.43-acre commercial land parcel presents a remarkable development opportunity in Magnolia, Texas. Strategically located on Nichols Sawmill Road, the property boasts over 1,420 feet of road frontage, ensuring exceptional visibility and accessibility. The site is zoned for both commercial and residential uses, offering considerable flexibility for a variety of projects. Existing infrastructure includes a well and septic system, simplifying development plans. While situated within the 100-year and 500-year floodplains, as per FEMA data, this factor should be considered in any development strategy. Detailed demographic information is readily available for serious inquiries. The property is conveniently located within Montgomery County and falls within the Magnolia Independent School District, making it an attractive location for various commercial ventures. The asking price for this significant tract of land is $549,000. This presents a unique chance to acquire a substantial parcel in a rapidly growing area. Don't miss this opportunity to secure a prime piece of Magnolia real estate.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.