0 Fm 1488 @ Mnr DrMagnolia, TX 77354

For Sale
$2,091,309

High-traffic retail land, unrestricted.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 3.69-acre commercial land parcel presents a remarkable investment opportunity in the rapidly growing Decker Prairie area of Magnolia, Texas. Boasting ±289.6 feet of frontage on the heavily trafficked FM 1488 and ±300 feet of frontage on Manor Drive, this unrestricted property offers unparalleled visibility and accessibility. Its strategic location places it in close proximity to the thriving Mostyn Manor Development, ensuring high consumer traffic and significant future growth potential. The property's convenient access to major transportation arteries, including Interstate 45 and Highway 149 (approximately 2 miles away), further enhances its appeal to a wide range of commercial ventures. The land is priced competitively at $13 per square foot, representing an attractive return on investment given its prime location and development potential. The property is not located within a flood plain, providing additional peace of mind for potential buyers. This is an ideal site for retail development, offering a unique blend of high visibility, convenient access, and significant growth potential in a desirable Texas market. The asking price for this exceptional property is $2,091,309.

Highlights

  • $2,091,309 asking price for 3.69 acres of commercial land.
  • Retail property with ±289.6 ft of FM 1488 frontage and ±300 ft of Manor Drive frontage.
  • Unrestricted land.
  • Located near the Mostyn Manor Development, minutes from I-45, and approximately 2 miles from Hwy 149.
  • Land value: $13/SF.

Property Details for 0 Fm 1488 @ Mnr Dr

Property type
Other retail properties, Other land
Lot Size (sq. ft)
160,736 SF

Location Insight

City
Magnolia
County
Montgomery
State
Texas
Latitude
30.2224519
Longitude
-95.6613631
Fm 1488 @ Mnr Dr, Magnolia, Texas

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0 Fm 1488 @ Mnr Dr
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