Property profile

28419 Sweetgum Rd Magnolia, TX 77354

OFF-MARKET
Office buildings
Property ID
US83-2464568
10,759 SF 5.14 ac lot Built 2006
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a prime 2-million-dollar commercial land parcel ideally situated in Magnolia, Texas, at 28419 Sweetgum Rd, zip code 77354, within Montgomery County. The property, known as the Branch Crossing Storage Center, is classified as special purpose land and offers significant potential for development or expansion within a thriving Texas market. Currently, the site is undeveloped, presenting a blank canvas for a discerning investor to realize their vision. The property's location in Magnolia offers convenient access to major transportation routes, ensuring ease of access for both customers and employees. The 0-unit count reflects the land's undeveloped status, highlighting the opportunity for future construction and revenue generation. With its strategic location and substantial size, this property represents a compelling investment opportunity for those seeking to capitalize on the growing demand for commercial space in the Magnolia area. The asking price of $2,000,000 reflects the property's significant potential and prime location within a rapidly developing Texas market. Detailed site plans and surveys are available upon request. This is a rare chance to acquire a substantial land parcel in a high-growth area, poised for significant future returns. The property's latitude and longitude coordinates are 30.1711857, -95.5729204 respectively.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2006
Total area 10,759 SF
Lot 5.14 ac (223,898 SF)
APN 2901-00-00100
UPID US83-2464568

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Storage Facility

Location

28419 Sweetgum Rd Magnolia, TX 77354-3048
Magnolia metro Census 690603 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
$716k
Blend (final) Blend
$580k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2021
Price N/A
2021
Price N/A
2018
Price N/A
2017
Price N/A
2016
Price N/A
2011
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $935,000 +3.7%

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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