5.138 Acres of Land with Offices on FM 1488
$1,800,000
20518 FM 1488 Road & 18695 Patricia Lane, Magnolia, TX 77355
For Sale
Office
Building
Active
Last Updated: 11/03/2022
1,411 sqft
Building Size
5.138 acres
Lot Area
Details:
Building Size: 1,411 sqft
Lot Area: 5.138 acres
Class: C
Units: 2
Year Built: 1986
Floors: 2
Highlights:
- Excellent location with great visibility, property is only 1.92 miles from the FM 1488 & FM 1774 intersection & less than 4 miles from SH-249
- +/- 250 feet of frontage on FM 1488 & +/- 505 feet of frontage on Patricia Lane
- City water nearby
- Fiber-Optic cable to property
- 3 ingress/egress points into the property, Not Divisible
- Two dwellings on the property ideal for live to work unit or potential income opportunity
- Average traffic of over 10,400 vehicles per day on FM 1488 & over 17,500 vehicles per day on FM 1774
- Situated in Montgomery County & Magnolia ISD
- Total tax rate for 2020: $1.97 per $100 of assessed value
- 10% commission split for brokers
Description:
Outstanding property well suited for investment, retail, multi-family or a live/work scenario. Only minutes from downtown Magnolia, The Woodlands, schools, freeways & retail
Located on the north side of FM 1488 & on the east side of Patricia Lane
Documents:
| Title | ||
|---|---|---|
| Sale_Brochure.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
