5122 FM 1488 Rd - Office FOR SALE


Magnolia, TX 77354
$2,575,000 USD
936-597-3317
5122 FM 1488 Rd, Magnolia, TX for Sale
$2,575,000 USD
Office - FOR SALE
1/49
null | Request Cap Rate

NEW


5122 FM 1488 Rd
Magnolia, TX 77354


HIGHLIGHTS

  • Approx. 265' of frontage on FM 1488.
  • Two office buildings.
  • Public utilities are in place along with a private waterwell.

OVERVIEW

Prime 1.80 +/- acres and improvements with approx. 265' of frontage on FM 1488. Ideal commercial tract with two existing office facilities, one site-built facility and one modular office area located on the north and south sides of the property. The majority of the acreage is available for your construction plans...utilize the existing improvements or demo the site built facility and start with a blank canvas. You have the opportunity to market your business using the property's existing billboard or to maintain the current lease of the billboard. Public utilities are in place along with a private waterwell. Property is located between TXDOT traffic station 170UR1A and 170U5010 with the daily traffic averages for 2022 at 43,852 per day. Property is located approx. 2 miles from the 1488 and 242 intersection, minutes from the Woodlands, approx. 11 miles from Conroe and 13 miles from Magnolia. Give us a call, send us an email to schedule your appointment!

FOR SALE DETAILS

PRICE

$2,575,000 USD

PRICE/SF

$749 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Office/Residential, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,408 SF

ZONING

2

APN/PARCEL ID

0546-00-01800

ASK ABOUT THIS PROPERTY

Larry JacobsJacobs PropertiesMore Info
936-597-3317

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

Larry JacobsJacobs PropertiesMore Info
936-597-3317

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