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28519 Sweetgum Rd 31,510 SF Vacant Retail Building Magnolia, TX 77354 $5,000,000 ($158.68/SF)
Executive Summary
Offered at $5,000,000
Step into an extraordinary opportunity to own a well-established, highly functional commercial property designed for movement, performance, training, and growth. Situated on 3.026 acres, (31,510 square feet) this impressive facility currently operates as a successful gymnastics and dance center and offers limitless possibilities for investors, owner-users, sports organizations, fitness concepts, educational programs, or entertainment ventures.
Adding to its value, the property is partially leased and currently producing income, creating an excellent opportunity for both investors seeking cash flow and owner-users looking to offset operating expenses while expanding their business presence.
*SCHEDULE YOUR PRIVATE TOUR TODAY*
Don’t miss the opportunity to own this standout commercial facility with built-in income and unlimited future potential. Contact us today for additional information or to arrange a confidential private showing.
Step into an extraordinary opportunity to own a well-established, highly functional commercial property designed for movement, performance, training, and growth. Situated on 3.026 acres, (31,510 square feet) this impressive facility currently operates as a successful gymnastics and dance center and offers limitless possibilities for investors, owner-users, sports organizations, fitness concepts, educational programs, or entertainment ventures.
Adding to its value, the property is partially leased and currently producing income, creating an excellent opportunity for both investors seeking cash flow and owner-users looking to offset operating expenses while expanding their business presence.
*SCHEDULE YOUR PRIVATE TOUR TODAY*
Don’t miss the opportunity to own this standout commercial facility with built-in income and unlimited future potential. Contact us today for additional information or to arrange a confidential private showing.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
31,510 SF
Building Class
C
Year Built
2017
Price
$5,000,000
Price Per SF
$158.68
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.26
Lot Size
2.74 AC
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 6143-00-04100 | Improvements Assessment | $2,348,353 |
| Land Assessment | $251,647 | Total Assessment | $2,600,000 |
Property Taxes
Parcel Number
6143-00-04100
Land Assessment
$251,647
Improvements Assessment
$2,348,353
Total Assessment
$2,600,000
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28519 Sweetgum Rd
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