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Property profile & analytics
OFF-MARKET
Commercial real estate

29245 Nichols Sawmill Rd Magnolia, TX 77355

2.84 ac lot
Entity Owned 1-yr Hold
Property ID
US83-2367264
Property summary
AI-generated overview

This exceptional 2.84-acre commercial land parcel presents a remarkable investment opportunity in Magnolia, Texas. Located at 29245 Nichols Sawmill Rd, in Montgomery County, zip code 77355 (30.1719246, -95.7526837), this property offers significant potential for various commercial developments. The asking price is $600,000, translating to a land value of $7 per square foot. Utilities are conveniently located onsite, serviced by Clovercreek MUD. An existing onsite detention system is in place, simplifying development plans. The property boasts desirable frontage on Nichols Sawmill Road, ensuring high visibility and accessibility. This strategic location within the thriving Magnolia market makes it an ideal site for businesses seeking a prominent presence. The substantial acreage provides ample space for a wide range of commercial ventures, from retail establishments to light industrial uses. This is a rare opportunity to acquire a well-situated, fully-serviced commercial lot ready for immediate development. Don't miss this chance to secure a prime piece of Magnolia real estate.

Property profile
Verified
Property type Commercial real estate
Lot 2.84 ac (123,710 SF)
UPID US83-2367264
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Archpoint Capital LLC · 1 yrs held
Archpoint Capital LLC
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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