This Land Property is no longer advertised on LoopNet.com.

5115 FM 1488 Rd
Magnolia, TX 77354
2.23 Acres Land on FM 1488, Magnolia, TX · Land For Sale · 2.23 AC

Investment Highlights

  • Heavy daytime vehicle traffic
  • Cash flow from several small buildings that can be leased or sold off
  • Mostly cleared lot with high visibility

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Apartment Units
Total Lot Size 2.23 AC
Zoning N/A - No zoning.

Description

Approximately 250 feet of FM 1488 frontage in high traffic area. Excellent commercial location between Hwy 242 and FM 2978. High and dry except for a tiny piece in the Northeast corner. Currently with 5 small commercial buildings, water well and septic systems.

Property Taxes

Property Taxes

Parcel Number
4545-00-03700
Land Assessment
$680,490
Improvements Assessment
$263,061
Total Assessment
$943,551
  • Listing ID: 30867425

  • Date on Market: 2/3/2024

  • Last Updated:

  • Address: 5115 FM 1488 Rd, Magnolia, TX 77354

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