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FM 1774 Commercial Site 41902 FM 1774 Rd 1,091 SF 100% Leased Retail Building Magnolia, TX 77354 $1,500,000 ($1,374.89/SF)
Investment Highlights
- High-visibility location along a major Magnolia commercial corridor
- Ample land for future site development and business expansion
- Positioned near established businesses, schools and expanding residential development
- Excellent owner-user or investment/development opportunity
- Strong potential for retail, service, office, automotive and other commercial uses permitted under Auto-Urban zoning
Executive Summary
3.31-acre unrestricted commercial opportunity with direct frontage on FM 1774 in rapidly growing Magnolia, Texas. Ideally positioned for an owner-user, contractor, service company, automotive or equipment-related business, or investor seeking high-visibility acreage along a major commercial corridor. The property includes an existing residence that may offer potential for office or on-site use. Ample acreage provides room for equipment, fleet parking, storage, yard space, and future expansion. Excellent opportunity for a growing business looking to own its real estate rather than lease.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,091 SF
Building Class
C
Year Built
2011
Price
$1,500,000
Price Per SF
$1,374.89
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.01
Lot Size
3.37 AC
Zoning
2
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $344,104 | |
| Land Assessment | $163,350 | Total Assessment | $771,803 |
Property Taxes
Parcel Numbers
Land Assessment
$163,350
Improvements Assessment
$344,104
Total Assessment
$771,803
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FM 1774 Commercial Site | 41902 FM 1774 Rd