Magnolia, TX Land Space For Lease

PROPERTY HIGLIGHTS

• +/-3.15 acres of land with +/- 1,800 SF office building for lease or sale

• Newly remodeled office with brand new AC and water heater includes reception area, break room/kitchen, 2 bathrooms and 4-5 private offices

• Property is fenced and stabilized with utilities on site

• Excellent location with great visibility on high commute corridor; +/-95 feet of frontage on FM 1488 and +/-250 feet of frontage on Rolling Hills Road

• Located just minutes from downtown Magnolia and just +/-0.8 miles from the on/off ramp of SH 249/Aggie Expressway extension, directly across from future hospital development

• Average traffic of over 17,000 vehicles per day on FM 1488

• Situated in Montgomery County, City of Magnolia, and Magnolia ISD with a total tax rate for 2022 of $2.26 Per $100 of Assessed Value

• Property is zoned as “Auto-Urban Commercial” (AC), per city of Magnolia; Truck parking is not listed as a permittable use on this property

PROPERTY HIGHLIGHTS

• Approximately 1.79 acres available for ground lease on the southwest corner of FM 1488 and Alford Road

• Located less than 2.5 miles west of FM 1774

• Approximately 200 feet of frontage on FM 188 and over 400 feet of frontage on Alford Road

• Rapidly developing area, with average traffic of over 10,000 vehicles per day on FM 1488

• Excellent corner retail development potential

• Property not located in flood plain, per FEMA maps

• Demographic package available

ADDRESS: NWC 2978 & Oak Creek Drive

PRICE: Pending credit

SIZE: 56,752 SF

1.30 Ac

DIMENSIONS: Approximately 225 ft x 250 ft

UTILITIES: Available

RESTRICTIONS: None, pending HOA approval

DETENTION: Onsite

SCHOOLS: Magnolia ISD