Magnolia, TX 77354,7503 FM 1488
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Magnolia, TX 77354,7503 FM 1488
Magnolia, TX 77354,7503 FM 1488
Magnolia, TX 77354,7503 FM 1488
Magnolia, TX 77354,7503 FM 1488

$875,000

Est. payment /mo
Est.Price: ?

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7503 FM 1488 Magnolia, TX 77354

4,764 SqFt

SOLD DATE : 12/15/2023

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 4,764 sqft

Price per Sqft $136

MLS Listing ID 23009010

Sold Date 12/15/23

HOA Y/N No

Year Built 2007

Lot Size 0.459 Acres

Property Sub-Type Retail

Property Description

Great investment opportunity and business exposure as this property sits on heavily trafficked FM 1488 in Magnolia, TX. Magnolia/FM 1488 is one of the fastest growing areas and named one of the 10 hottest communities in the Houston area according to HAR. The property sits on .46 acres right across from HEB, and near shopping, restaurants, entertainment, and more. The property consists of a 2,364 square foot metal building, separated into two spaces to office or invest, along with a 2,400 square foot warehouse with electricity, two bay doors, and a 1/2 bath for your business storage needs or to rent out, totaling to 4,764 sqft of rentable area. The building has tile floors, 2 new HVAC units, electric heating and cooling, and aerobic septic. Each office space has it's own bathroom and break room/storage area, as well as one side consisting of a shower and laundry connections. Both spaces are currently leased, please call listing agent for rental rates and lease expirations. There is a possible space opening for a user, call agent for more information. This is an amazing opportunity for investors and business owners, schedule your showing today!

Location

State TX

County Montgomery

Area Other

Direction Head South on Hwy 6, continue on Hwy 6 South and take Exit to HS-105 and turn Left onto 105. Go about 6 miles and keep left onto SH-249 S. After 19 miles take the exit and turn Left onto FM-1488. Go about 8 miles and the property will be on your right.

Interior

Flooring Tile

Exterior

Roof Type Metal

Present Use Retail

Building

Structure Type Metal Siding

Others

Tax ID 180734

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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Listed by Longitude Real Estate
Bought with Longitude Real Estate
agent

Erik & Katy Scott

Real Estate Advisors

+1(979) 218-0031

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