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- LoopNet Team
40025 Mill Creek Rd
Magnolia, TX 77354
40025 Mill Creek Rd · Land For Sale
·
1.18 AC
INVESTMENT HIGHLIGHTS
- *Easy Access to 1488 RD Upcoming Area with Residential , MultiFamily , Retail and Commercial Developments
- *1.5 Miles New Heb Mix Used Development, CVS and Magnolia High School West
- *Major road improvements under construction throughout the market area including FM 249 extension, widening of FM 1488 and proposed Magnolia Bypass.
- *TXDOT approved traffic signal at Mill Creek and FM1488-Planned for completion 2024
- *1.5 Miles from Toll 249(Aggie Expressway)
- Proposed Planned Development directly behind property (SFR & Retail) & Mill Creek Road, Across Street Retail , office and Single Family
PROPERTY FACTS
DESCRIPTION
TXDOT approved traffic signal at Mill Creek and FM1488-Planned for completion 2024. COMMERCIAL PROPERTY/UNRESTRICTED. 1.18 ACRES. Currently includes 1 Story 3 Bedroom, 2 Full Bath, 3 Car Garage and Large Workshop Metal Building with Water Well and Septic.. On Mill Creek Rd currently Residential Development Mill Creek Subdivision by Express Homes (Dr Horton Home builder). Future Planned Development Magnolia Crossing, a 94.9 acre mixed development, will sit near the Mill Creek subdivision. The subdivision will include 550 residential units with more than 200 single-family homes and up to 300 luxury apartments.The subdivision also will include a retail center, anchored by a mid-sized grocery store or fitness center. The retail center is expected to also include restaurants, medical and childcare services.FUTURE Commercial Development RIGHT BEHIND the property(cleared dirt in video) (Audubon) with additions 1600 Single Family Residential lots .1 Large Residential Development across Fm 1488 Road (south)Audubon , (Friendswood Development) &Magnolia Crossing Shopping Center also with planned retail, office and residential . 1.5 Miles to Hwy 249 Toll Road and 1.5 Miles from Multiple New Commercial Developments & Multi Use Developments. (Heb, Gas Stations, CVS, fast food restaurants, banks, car wash,etc ). Future Developments @ Magnolia Village is very likely to have a Home Depot or Lowe’s and at Heritage Green location Starbucks, MOD Pizza, Jersey Mikes etc.
