28925 Nichols Sawmill Rd Magnolia, TX 77355
- Manufacturing properties
- 7,860 SF
- 0.52 lot acres
Current Use by Public Records
- MicrobeBio Inc / Fertilizer Supplier
Property Details for 28925 Nichols Sawmill Rd
- Year built
- 2012
- Lot size
- 0.52 lot acres
- Property size
- 7,860 SF
- Property type
- Manufacturing properties
- APN
- 3418-00-09101
- APU
- 34180009101
Description
This exceptional 7,500-square-foot flex warehouse, situated on a half-acre lot at 28925 Nichols Sawmill Rd in Magnolia, Texas, presents a compelling investment opportunity. Built in 2011, this Class C property boasts climate-controlled warehouse space and a separate office area, catering to a variety of business needs. The unrestricted zoning allows for diverse uses, maximizing potential returns. Currently vacant, this property offers immediate occupancy and the chance to establish a long-term lease or owner-occupancy. Its prime location on Nichols Sawmill Road ensures high visibility and convenient access to the city of Magnolia. The asking price is $1,000,000, translating to $133.33 per square foot. The property features one building with a net rentable area of 7,500 square feet. This is a rare opportunity to acquire a well-located, versatile industrial property in a growing Texas market. The property's strong location and flexible design make it ideal for a variety of businesses seeking a functional and visible space. The 8.25% capitalization rate further enhances its investment appeal. Don't miss this chance to secure this prime Magnolia commercial property. The zip code is 77355, and the property is located in Montgomery County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Magnolia
- County
- Montgomery
- State
- Texas
- Longitude
- -95.7533
- Latitude
- 30.1687
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
