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    28419 Sweetgum Rd Magnolia, TX 77354-3048
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    Property profile & analytics

    28419 Sweetgum Rd Magnolia, TX 77354-3048


    • Office buildings
    • 10,759 SF
    • 5.14 lot acres
    Off-Market
    Last Sale Nov 16, 2021
    Property ID
    US83-2464568
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $580,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Branch Crossing Storage Center / Storage Facility

    Property Details for 28419 Sweetgum Rd

    Year built
    2006
    Lot size
    5.14 lot acres
    Property size
    10,759 SF
    Property type
    Office buildings
    APN
    2901-00-00100
    APU
    29010000100

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $440,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $715,000
      Market price range: $390k - $1.64M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $900,000
      Current use
      COMMERCIAL (GENERAL)
      $935,000
      Change: +4% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.5728
    Latitude
    30.1723
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $18,155
    $391,697
    $858,303
    $1,250,000
    -
    $391,697
    $858,303
    $1,250,000
    More about this property
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