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11721 FM 1488 Rd
Magnolia, TX 77354
Retail Property For Sale
Investment Highlights
- ±32,200 SF Retail / Showroom on ±4.9 Acres
- Signalized Intersection with Gated Entry
- Strategic Location Between Magnolia, The Woodlands & Montgomery
- ±500 FT of Frontage Along FM 1488
- ±35,000 VPD on FM 1488 Toward FM 2978 / The Woodlands
- Strong Residential Growth: 18,751 Rooftops Within 5 Miles
Executive Summary
Rare opportunity to acquire a ±32,200 SF retail/showroom property situated on ±4.9 acres along the highly traveled FM 1488 corridor in Magnolia, Texas. The property features approximately 500 feet of frontage on FM 1488, a signalized intersection with gated entry, on-site detention and 41 parking spaces.
Strategically positioned between Magnolia, The Woodlands and Montgomery, the property benefits from strong surrounding residential growth and traffic counts of approximately 35,000 VPD on FM 1488 toward FM 2978/The Woodlands.
The combination of substantial acreage, visibility, frontage and existing improvements makes the property well suited for retail, showroom, owner-user or special-purpose uses.
Strategically positioned between Magnolia, The Woodlands and Montgomery, the property benefits from strong surrounding residential growth and traffic counts of approximately 35,000 VPD on FM 1488 toward FM 2978/The Woodlands.
The combination of substantial acreage, visibility, frontage and existing improvements makes the property well suited for retail, showroom, owner-user or special-purpose uses.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
32,200 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
4.92 AC
Parking
41 Spaces (1.27 Spaces per 1,000 SF Leased)
Frontage
500’ on FM 1488
Amenities
- Corner Lot
- Security System
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | 0372-00-00120 | Improvements Assessment | $1,441,352 |
| Land Assessment | $1,403,384 | Total Assessment | $2,844,736 |
Property Taxes
Parcel Number
0372-00-00120
Land Assessment
$1,403,384
Improvements Assessment
$1,441,352
Total Assessment
$2,844,736
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