Property profile

26643 Nichols Sawmill Rd Magnolia, TX 77355

OFF-MARKET
Land
Property ID
US83-2402642
1.18 ac lot
Entity Owned 4-yr Hold
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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 Land
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

Location

26643 Nichols Sawmill Rd Magnolia, TX 77355
Magnolia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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