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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    26643 Nichols Sawmill Rd, Magnolia, TX 77355

    1.18 ac lot
    Entity Owned 4-yr Hold
    Property ID
    US83-2402642
    Property summary
    AI-generated overview

    This exceptional 1.175-acre commercial property is ideally situated at 26643 Nichols Sawmill Road in Magnolia, Texas, within Montgomery County. Boasting over 170 feet of frontage on Nichols Sawmill Road, this parcel benefits from high visibility and exceptional daily traffic counts exceeding 11,000 vehicles. Its location just north of Butera Road and less than four miles north of FM 2920 provides easy access to major thoroughfares, making it an attractive option for a variety of uses. The property is zoned to allow for retail, office, or industrial development, presenting a significant opportunity for investors and developers alike. This high-density residential area offers strong potential for future growth. The land is priced at $10 per square foot, totaling $511,830. The property is located within the Magnolia ISD and Montgomery County, with a combined 2023 tax rate of $1.76 per $100 of assessed value. A comprehensive demographic package is available upon request. This is a rare opportunity to acquire a strategically located parcel of land with significant development potential in a thriving Texas community.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.18 ac (51,183 SF)
    UPID US83-2402642
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Alif Realty LLC · 4 yrs held
    Alif Realty LLC
    since 2021
    1 recorded transaction
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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