Commercial Land for Sale in Magnolia, Texas

Edge Capital Markets is pleased to present the opportunity to acquire two tracts totaling +-6.81 acres at 32703 Tamina in Magnolia, Texas. The Property was most recently utilized as a light industrial facility and features multiple existing improvements that total +-14,500 square feet and include a metal two-story office building, a metal warehouse, a 3-sided metal building and a large metal canopy.

Situated in Montgomery County, the Property is in the middle of the path of progress for a county that has experienced growth of 37% of its population over the last decade and is located on Tamina Drive, which connects FM 1488 and FM 2790, which combine for 60,000 cars per day in traffic. Surrounding the Property are 13 subdivisions that total over 18,500 homes, with prices ranging from $300,000 to $13,000,000.

The area boasts excellent demographics, including an average household income of nearly $200,000 and an average age of 40.1 years in a 5-mile radius. This backdrop of consumers provides an excellent opportunity for a wide spectrum of development or end-user opportunities.