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5122 FM 1488 Rd 1.81 Acres of Commercial Land Offered at $2,575,000 in Magnolia, TX 77354

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INVESTMENT HIGHLIGHTS

FM 1488 Frontage - 265 ft
Two office buildings on site. or can be torn down.

Public utilities are in place along with a private waterwell.
Unrestricted.

EXECUTIVE SUMMARY

3,436 square feet of office building included on parcel. Contact Broker for more details! Prime 1.80 +/- acres and improvements with approx. 265' of frontage on FM 1488. Ideal commercial tract with two existing office facilities, one site-built facility and one modular office area located on the north and south sides of the property. The majority of the acreage is available for your construction plans...utilize the existing improvements or demo the site built facility and start with a blank canvas. You have the opportunity to market your business using the property's existing billboard or to maintain the current lease of the billboard. Public utilities are in place along with a private waterwell. Property is located between TXDOT traffic station 170UR1A and 170U5010 with the daily traffic averages for 2022 at 43,852 per day. Property is located approx. 2 miles from the 1488 and 242 intersection, minutes from the Woodlands, approx. 11 miles from Conroe and 13 miles from Magnolia. Give us a call, send us a text or email to schedule your appointment!

PROPERTY FACTS

Price	$2,575,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Retail Office Office Park Planned Unit Development
No. Lots	1	Total Lot Size	1.81 AC
Property Type	Land

Price	$2,575,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Office Office Park Planned Unit Development
Total Lot Size	1.81 AC

1 LOT AVAILABLE

Lot

Price	$2,575,000	Lot Size	1.81 AC
Price Per AC	$1,422,651.93

Price	$2,575,000
Price Per AC	$1,422,651.93
Lot Size	1.81 AC

A0546 - TAYLOR THOMAS, TRACT 18-A, ACRES 1.8059

DESCRIPTION

Prime 1.80 +/- acres and improvements with approx. 265' of frontage on FM 1488. Ideal commercial tract with two existing office facilities, one site-built facility and one modular office area located on the north and south sides of the property. The majority of the acreage is available for your construction plans...utilize the existing improvements or demo the site built facility and start with a blank canvas. You have the opportunity to market your business using the property's existing billboard or to maintain the current lease of the billboard. Public utilities are in place along with a private waterwell. Property is located between TXDOT traffic station 170UR1A and 170U5010 with the daily traffic averages for 2022 at 43,852 per day. Property is located approx. 2 miles from the 1488 and 242 intersection, minutes from the Woodlands, approx. 11 miles from Conroe and 13 miles from Magnolia. Give us a call, send us a text or email to schedule your appointment! 3,436 square feet of office building included on parcel.

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