40727 Fm 149 Rd - Freestanding FOR SALE


Magnolia, TX 77354
$1,600,000 USD
281-748-9071
40727 Fm 149 Rd, Magnolia, TX for Sale
$1,600,000 USD
Freestanding - FOR SALE
1/16
null | 1% Cap Rate

40727 Fm 149 Rd
Magnolia, TX 77354


HIGHLIGHTS

  • High Traffic on FM 149
  • Rapid Growth in Area
  • Owner use and/or investment opportunities

OVERVIEW

This property offers a prime investment opportunity on a high-traffic road, just minutes from the Aggie Expressway in a rapidly expanding area. The 1+ acre lot is unrestricted, providing flexibility for various uses. The property includes a 5,000 sq ft building, with 4,000 sq ft currently leased. An additional 1,000 sq ft remains in shell condition, allowing for customization to suit a variety of business needs. The owner financing options are available with 20% down and is open to negotiation, so all serious offers are encouraged.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$320 USD /SF

CAP RATE

1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

None

APN/PARCEL ID

8389-00-02100

ASK ABOUT THIS PROPERTY

Roxanna GrossRE/MAXMore Info
281-748-9071

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Roxanna GrossRE/MAXMore Info
281-748-9071

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.