00 Spur 149, Magnolia, TX 77354 - Montgomery County

Don't wait to grab this great property right in the heart of growth in Magnolia. This offering is 7.5 acres of land and a partial ownership in the connected 8 acre lake. There is currently a design in progress for a Business park with (20) 2,500 Sq/Ft rentable spaces or build the buildings and sell them. (see photo in listing) This is comprised of 6 buildings measured at 50 x 150 and one measured at 50 x 100. This property is just a 1/2 mile from a recently completed HEB and the surrounding business developments called Magnolia Place, Magnolia Village as well as Heritage Green. Just around the corner is also the new Audubon Master Planned community boasting a planned 4,500 new homes, along with the coming soon Two Step Farm neighborhood with 1,100 new homes just north on Superior Road. Take advantage of the growing area by having the support buildings needed for the local trade companies that will be needed to support the growing neighborhoods. The legwork done in the design and permit requests will reduce your time to build considerably. The underbrush on the property has recently completed allowing for walking the property to be easily accomplished. Put this property to work for you and get started with your monthly revenue stream of leases. In Q3 2023 this was the 7th largest growing area in the greater Houston Area. 1.5 acres has been sold of the original 9 acres has been sold, the design of the industrial park will have to be slightly modified. Seller is offering Seller financing if needed.