$1,600,000
5319 Fm 1488 Rd, Magnolia, TX, 77354
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About this property
UNRESTRICTED COMMERCIAL OR RESIDENTIAL HIGH-VISIBILITY FULLY FENCED CORNER LOT WITH TWO SHOPS, ~260' OF STREET FRONTAGE, AND TWO GATED ENTRANCES OFF 1488 & LOIS LN. Improvements include a ~400 SF built-out office building or shop and a ~2,300 SF shop with four roll-up doors, a bathroom, and seperate area for private office or storage. Previously operated as an automotive shop and currently an industrial storage & corporate office, the property offers exceptional flexibility for commercial or residential use and is NOT located in a flood zone. Private well and septic in-place with public utilities available. Magnolia is one of the fastest-growing areas in the Houston MSA, located just 10 minutes off I-45, 15 minutes from Conroe/Grand Central Park, and 15 minutes to The Woodlands. The 3-mile avg. household income exceeds $150k annually, with an area population growth of +160% from 2020 to 2026.
