Investment Overview

A +/- 3.6-acre site located in Magnolia, Texas along FM 1488, a major arterial connecting US 290 to Interstate 45. Situated in a high growth market, this prime tract offers great visibility along FM 1488 where it boasts +/- 755 feet of frontage with an existing driveway and TxDOT permits for two additional driveways. This site sits directly in between downtown Magnolia and it’s future $1 billion Town Center, consisting of medical, commercial, and residential mixed-use products and “Grand Magnolia”, an upcoming 8,200 home community by Land Tejas – both along FM 1488. The site provides a rare opportunity for a combination of proximity to master planned communities and downtown, FM 1488 frontage offering prime visibility, and access while offering immediate ingress/egress into Magnolia to the East and US 290 to the West. Located in the Montgomery County ETJ, this site supports a wide range of unencumbered development opportunities. The site currently operates on a well/septic system and with detention to be determined, this property offers tremendous flexibility in site planning.