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0000 Farm to Market Road 1488 9.68 Acres of Commercial Land Offered at $3,000,000 in Magnolia, TX 77355

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INVESTMENT HIGHLIGHTS

Primarily cleared and ready for development.
Located in a fast growing development area with proximity to multiple booming residential communities
478?ft +/- of high-exposure road frontage

3.7 miles from State Highway 249, just West of Magnolia.
Strong traffic counts on (~20K ADT)
FM 1488 is now 4 lanes from the property heading east into Magnolia

EXECUTIVE SUMMARY

Landmark 9.68-Acre Commercial/Investment Site on FM?1488 — Fortified by 478 ft +/-? of high-exposure frontage, this fully cleared and unrestricted tract is poised for immediate development. Located in the heart of Magnolia's fastest-growing corridor—just 3.7 miles from SH?249—it delivers potential for utility access, strong traffic counts (~20K ADT), and proximity to multiple booming residential communities. Market-priced at $310K/acre, it's a rare opportunity for scale-driven users: think multi-pad retail, medical campus, hospitality anchor, or mixed use.

Metes & Bounds

FINANCIAL SUMMARY (ACTUAL - 2024)	ANNUAL	ANNUAL PER AC
Taxes	$32	$3.31
Operating Expenses	-	-
Total Expenses	$32	$3.31

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes
Annual	$32
Annual Per AC	$3.31

Operating Expenses
Annual	-
Annual Per AC	-

Total Expenses
Annual	$32
Annual Per AC	$3.31

PROPERTY FACTS

Price	$3,000,000	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Commercial
Sale Condition	Build to Suit	Proposed Use	Commercial Office Mixed Use Multifamily Office Park Open Space Self Storage Single Family Development Storefront Storefront, Retail or Office Agricultural Pasture Ranch Single Family Residence
No. Lots	1	Total Lot Size	9.68 AC
Zoning	None - Unrestricted & Unincorporated

Price	$3,000,000
Sale Type	Investment or Owner User
Sale Condition	Build to Suit
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Office Mixed Use Multifamily Office Park Open Space Self Storage Single Family Development Storefront Storefront, Retail or Office Agricultural Pasture Ranch Single Family Residence
Total Lot Size	9.68 AC
Zoning	None - Unrestricted & Unincorporated

1 LOT AVAILABLE

Lot

Price	$3,000,000	Lot Size	9.68 AC
Price Per AC	$309,917.36

Price	$3,000,000
Price Per AC	$309,917.36
Lot Size	9.68 AC

PRIME UNRESTRICTED Property (3.7) miles from State Highway 249 in Magnolia. Just over (478+/-) feet of road frontage on FM 1488, the lot is mostly cleared and prime for development or mixed use.