Property profile

32602 Walnut Creek Rd Magnolia, TX 77355

OFF-MARKET
Land
Property ID
US83-2339066
52.18 ac lot
Individually Owned 4-yr Hold
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Property summary

AI-generated overview

Exceptional 52.18-acre land opportunity in Magnolia, Texas, presents significant potential for diverse development. Located at 32602 Walnut Creek Rd, this property boasts convenient access to major highways, including proximity to Highway 249 (less than 10 minutes away), offering seamless connectivity to Magnolia, Stagecoach, and Tomball. The land is comprised of two parcels totaling 52.18 acres. The first parcel, encompassing 27.18 acres, benefits from frontage on both Walnut Creek Road and Butera Road. The second parcel, measuring 25 acres, provides frontage on Butera Road. A key feature is the presence of a pond on the partially cleared land. The property is zoned for Magnolia ISD, making it attractive for various development projects. This versatile land is offered at $4,100,000 and presents a compelling investment prospect for both commercial and residential ventures, given its size, location, and zoning. The address is 32602 Walnut Creek Rd, Magnolia, TX 77355, situated in Montgomery County.

Property profile

Verified
Property type Land
Lot 52.18 ac (2,272,961 SF)
UPID US83-2339066

Cap rate & NOI

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

Location

32602 Walnut Creek Rd Magnolia, TX 77355
Magnolia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2019
Price N/A
2016
Price N/A

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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