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00 Spur 149 Rd - Spur 149 Business Park
7.5 Acres of Commercial Land Offered at $1,750,000 in Magnolia, TX 77354
Investment Highlights
- Great Road frontage in the growing market area with many residential units being built to support the industrial Park
- Many building options available.
- Plans in the process for 50,000 sq ft of Industrial Warehouse spaces for lease.
Executive Summary
There is also an option of 3.66 acres of the prime portion of this land.
Property Facts
1 Lot Available
Lot
Price | $1,750,000 | Lot Size | 7.50 AC |
Price Per AC | $233,333 |
Price | $1,750,000 |
Price Per AC | $233,333 |
Lot Size | 7.50 AC |
S722500 - MONTGOMERY 306 LTD, LOT K-2 (LOT K-3 5.88% INT IN LAKE), ACRES 7.5
Description
Don’t wait to grab this great property right in the heart of growth in Magnolia. This offering is 7.5 acres of land and a partial ownership in the connected 8 acre lake. There is currently a design in progress for a Business park with (20) 2,500 Sq/Ft rentable spaces or build the buildings and sell them. (see photo in listing) This is comprised of 6 buildings measured at 50’ x 150” and one measured at 50’ x 100’. This property is just a 1/2 mile from a recently completed HEB and the surrounding business developments called Magnolia Place, Magnolia Village as well as Heritage Green. Just around the corner is also the new Audubon Master Planned community boasting a planned 4,500 new homes, along with the coming soon Two Step Farm neighborhood with 1,100 new homes just north on Superior Road. Take advantage of the growing area by having the support buildings needed for the local trade companies that will be needed to support the growing neighborhoods. The legwork done in the design and permit request’s will reduce your time to build considerably. The underbrush on the property has recently completed allowing for walking the property to be easily accomplished. Put this property to work for you and get started with your monthly revenue stream of leases. In Q3 2023 this was the 7th largest growing area in the greater Houston Area. Seller financing options available. For a smaller parcel there is an option of 3.66 acres of the prime property.
PROPERTY TAXES
Parcel Number | 7225-00-01100 | Improvements Assessment | $0 |
Land Assessment | $235,000 | Total Assessment | $235,000 |
PROPERTY TAXES
zoning
Zoning Code | None (No zoning) |
None (No zoning) |
Presented by
00 Spur 149 Rd - Spur 149 Business Park
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