31611 Nichols Sawmill Rd, Magnolia, TX 77355
This exceptional commercial land offering presents two contiguous parcels totaling 6.092 acres in the thriving city of Magnolia, Texas. Located at 31611 Nichols Sawmill Rd, zip code 77355, this property boasts a strategic location south of the FM 1774 and Nichols Sawmill Rd intersection. One parcel encompasses 2.398 acres, while the adjacent parcel offers 4.694 acres, providing flexibility for various development scenarios. The property is currently undergoing a rezoning process to "SV" designation, specifically for commercial use, streamlining the development process for prospective buyers. This prime location offers convenient access to essential city services and amenities, with its proximity to City Offices and Facilities situated at Unity Park. Furthermore, the City of Magnolia provides utilities to the site, ensuring seamless infrastructure integration for future projects. This presents a rare opportunity to acquire a significant land holding in a rapidly growing area of Montgomery County, Texas, ideal for a wide range of commercial ventures. The combined acreage offers substantial potential for development, making it an attractive investment for both short-term and long-term growth.
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Magnolia Bible Church Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.