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0000 Farm to Market Road 1488 9.68 Acres of Commercial Land Offered at £2,241,930 in Magnolia, TX 77355

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INVESTMENT HIGHLIGHTS

Primarily cleared and ready for development.
Located in a fast growing development area with proximity to multiple booming residential communities
478?ft +/- of high-exposure road frontage

3.7 miles from State Highway 249, just West of Magnolia.
Strong traffic counts on (~20K ADT)
FM 1488 is now 4 lanes from the property heading east into Magnolia

EXECUTIVE SUMMARY

Landmark 9.68-Acre Commercial/Investment Site on FM?1488 — Fortified by 478 ft +/-? of high-exposure frontage, this fully cleared and unrestricted tract is poised for immediate development. Located in the heart of Magnolia's fastest-growing corridor—just 3.7 miles from SH?249—it delivers potential for utility access, strong traffic counts (~20K ADT), and proximity to multiple booming residential communities. Market-priced at $310K/acre, it's a rare opportunity for scale-driven users: think multi-pad retail, medical campus, hospitality anchor, or mixed use.

Metes & Bounds

1488 Survey

FINANCIAL SUMMARY (ACTUAL - 2024)	ANNUAL	ANNUAL PER ac
Taxes	£24	£2.47
Operating Expenses	-	-
Total Expenses	£24	£2.47

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes
Annual	£24
Annual Per ac	£2.47

Operating Expenses
Annual	-
Annual Per ac	-

Total Expenses
Annual	£24
Annual Per ac	£2.47

PROPERTY FACTS

Price	£2,241,930	Property Type	Land
Sale Type	Investment or Owner Occupier	Property Subtype	Commercial
Sale Condition	Design & Build	Proposed Use	Commercial Office Mixed Use Build-to-Rent Office Park Open Space Self Storage Single Family Development Shopfront Shopfront, Retail or Office Agricultural Pasture Ranch Single Family Residence
No. Plots	1	Total Plot Size	9.68 ac
Use Class	None - Unrestricted & Unincorporated

Price	£2,241,930
Sale Type	Investment or Owner Occupier
Sale Condition	Design & Build
No. Plots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Office Mixed Use Build-to-Rent Office Park Open Space Self Storage Single Family Development Shopfront Shopfront, Retail or Office Agricultural Pasture Ranch Single Family Residence
Total Plot Size	9.68 ac
Use Class	None - Unrestricted & Unincorporated

1 PLOT AVAILABLE

Plot

Price	£2,241,930	Total Plot Size	9.68 ac
Price Per ac	£231,604.33

Price	£2,241,930
Price Per ac	£231,604.33
Total Plot Size	9.68 ac

PRIME UNRESTRICTED Property (3.7) miles from State Highway 249 in Magnolia. Just over (478+/-) feet of road frontage on FM 1488, the lot is mostly cleared and prime for development or mixed use.