26643 Nichols Sawmill Rd, Magnolia, TX 77355
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.
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
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Property description
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Risks
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