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0000 Farm to Market Road 1488 9.68 Acres of Commercial Land Offered at $3,280,920 CAD in Magnolia, TX 77355



Investment Highlights
- Primarily cleared and ready for development.
- Located in a fast growing development area with proximity to multiple booming residential communities
- 478?ft +/- of high-exposure road frontage
- 3.7 miles from State Highway 249, just West of Magnolia.
- Strong traffic counts on (~20K ADT)
- FM 1488 is now 4 lanes from the property heading east into Magnolia
Executive Summary
Exceptional 9.68± acre commercial land opportunity for sale along FM 1488 in Magnolia, Texas, one of the fastest-growing corridors in the northwest Houston MSA. This primarily cleared, level development site offers approximately 478± feet of high-exposure frontage on FM 1488, which has been expanded to four lanes eastbound toward Magnolia, providing excellent accessibility and long-term growth potential.
The property is located approximately 3.7 miles west of State Highway 249 (Aggie Expressway), offering direct connectivity to The Woodlands, Tomball, Magnolia, and northwest Houston. With strong traffic counts of approximately 14,865 vehicles per day, the site benefits from excellent visibility and sustained daily commuter traffic, making it well-suited for a wide range of commercial, mixed-use, retail, office, self-storage, multifamily, or residential development uses.
Situated within a rapidly expanding residential growth area, the surrounding market is experiencing significant population and household growth exceeding 50% projected through 2029, supported by rising median household incomes and increasing daytime employment. The property is currently unrestricted (no zoning), allowing maximum flexibility for developers and investors.
The site is raw land, with electricity available and other utilities accessible nearby, and is located within FEMA Flood Zones B and X, indicating moderate to low flood risk. The parcel configuration, frontage, and growth dynamics make this offering an attractive long-term investment or immediate development opportunity along one of Montgomery County’s most active commercial corridors.
The property is located approximately 3.7 miles west of State Highway 249 (Aggie Expressway), offering direct connectivity to The Woodlands, Tomball, Magnolia, and northwest Houston. With strong traffic counts of approximately 14,865 vehicles per day, the site benefits from excellent visibility and sustained daily commuter traffic, making it well-suited for a wide range of commercial, mixed-use, retail, office, self-storage, multifamily, or residential development uses.
Situated within a rapidly expanding residential growth area, the surrounding market is experiencing significant population and household growth exceeding 50% projected through 2029, supported by rising median household incomes and increasing daytime employment. The property is currently unrestricted (no zoning), allowing maximum flexibility for developers and investors.
The site is raw land, with electricity available and other utilities accessible nearby, and is located within FEMA Flood Zones B and X, indicating moderate to low flood risk. The parcel configuration, frontage, and growth dynamics make this offering an attractive long-term investment or immediate development opportunity along one of Montgomery County’s most active commercial corridors.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Taxes |
$44
|
$4.52
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$44
|
$4.52
|
Financial Summary (Actual - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $44 |
| Annual Per AC | $4.52 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $44 |
| Annual Per AC | $4.52 |
Property Facts
1 Lot Available
Lot
| Price | $3,280,920 CAD | Lot Size | 9.68 AC |
| Price Per AC | $338,938.03 CAD |
| Price | $3,280,920 CAD |
| Price Per AC | $338,938.03 CAD |
| Lot Size | 9.68 AC |
PRIME UNRESTRICTED Property (3.7) miles from State Highway 249 in Magnolia. Just over (478+/-) feet of road frontage on FM 1488, the lot is mostly cleared and prime for development or mixed use.
Property Taxes
| Parcel Number | 0296-00-01700 | Total Assessment | $2,844 CAD (2025) |
| Land Assessment | $2,844 CAD (2025) | Annual Taxes | $44 CAD |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
0296-00-01700
Land Assessment
$2,844 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$2,844 CAD (2025)
Annual Taxes
$44 CAD
Tax Year
2024
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0000 Farm to Market Road 1488
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