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3901 Magnolia Pky - 3901 Magnolia Parkway

10.07 Acres of Commercial Land Offered at $2,193,028 in Pearland, TX 77584

Investment Highlights

  • Prime location with over 10 Acres of Zoned Commercial Property
  • Location is ideal for families, business owners, and entertainers
  • Pearland Town Center features a 700,000 square foot open air mall with major retailers
  • Over 900 feet of frontage and equipped with all city utilities
  • Quick access to Beltway 8, Hwy 288, I-35 and easy connectivity to the TX Medical Center, Downtown Houston, and Hobby Airport
  • Magnolia Pkwy, a 4 lane boulevard, provides an alternative to the congested FM 518.

Executive Summary

This prime commercial property on Magnolia Pkwy offers over 900 feet of frontage and is perfectly situated in a rapidly growing area with a projected population of 84,483 within a 3-mile radius by 2023, reflecting a 13.42% growth over five years. Zoned for commercial acreage and equipped with all city utilities, this location is ideal for families, business owners, and entertainers. With quick access to Beltway 8, Highway 288, and Interstate 35, it also offers easy connectivity to the Texas Medical Center, the Galleria, downtown Houston, and Hobby Airport. Nearby, the Pearland Town Center features a 700,000 square foot open-air mall with major retailers. Magnolia Pkwy, a 4-lane boulevard, provides an alternative to the congested FM 518. This is a unique opportunity for commercial development in a prime location.

Property Facts

Price $2,193,028
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 10.07 AC

1 Lot Available

Lot

Price $2,193,028
Price Per AC $217,778
Lot Size 10.07 AC

Prime commercial property offers over 900 feet of frontage. Situated in a rapidly growing area with a 13.42% growth over the 5 years. Equipped with all city utilities. Zoned for commercial acreage. Quick access to BW 8, 288, I-35.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0239-0044-000
Land Assessment
$92,880
Improvements Assessment
$0
Total Assessment
$92,880
  • Listing ID: 31951937

  • Date on Market: 5/29/2024

  • Last Updated:

  • Address: 3901 Magnolia Pky, Pearland, TX 77584

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