514 Ruby Ln Magnolia, TX 77354
- Commercial real estate
- 119,354 SF
- 2.74 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 514 Ruby Ln
- Lot size
- 2.74 lot acres
- Property size
- 119,354 SF
- Property type
- Commercial real estate
Description
This exceptional 2.74-acre commercial property, located at 514 Ruby Ln, Magnolia, TX 77354, presents a unique redevelopment opportunity. Priced at $600,000, this partially cleared lot boasts a substantial 119,354 square feet and is perfectly situated to capitalize on the significant residential growth in the surrounding Montgomery County area. The property's strategic location makes it highly suitable for businesses catering to residential needs, such as HVAC companies, plumbing businesses, or storage facilities. Currently featuring a manufactured home, this structure will be removed prior to closing, leaving the land ready for immediate development. The expansive size and prime location offer significant potential for a variety of commercial ventures. Seller financing options are available. This is a rare chance to acquire a large, well-positioned commercial lot in a rapidly expanding residential community. Don't miss this opportunity to establish your business in a thriving market. The property is zoned for commercial use.
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
- -95.624767
- Latitude
- 30.2001196
