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- LoopNet Team
18640 FM 1488 Rd
Magnolia, TX 77354
Magnolia Square Shopping Center · Retail Property For Sale
PROPERTY FACTS
- Freestanding
- General Retail Storefront
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
About 18640 FM 1488 Rd , Magnolia, TX 77354
Desirable Mix of Tenants • 8,992 Square Foot Multi-Tenant Retail Center • Synergistic Mix of Five National, Regional, and Local Internet-Resistant Tenants • All Tenants on NNN Leases Major Retail Corridor and Intersection • Located at the Hard Corner, Signalized Intersection: FM 1488 and FM 1774 • Ingress and Egress to FM 1488 (21,033 VPD), Ingress and Egress to FM 1774 (13,113 VPD) • Across from Brookshire Brothers Supermarket, Adjacent to McDonald’s, Surrounded By Walgreens, Burger King, Sonic, Shipley Do-Nuts, O’Reilly Auto Parts, Subway, Domino’s, T-Mobile, Woodforest National Bank. Close Proximity to Texas Renaissance Festival • Property on the Route to Texas Renaissance Festival, the Nation’s Largest Renaissance-Themed Event. The Festival Hosts over 655,000 Attendees Each Year • Majority of Visitors Pass Subject Property on Either FM 1774 or FM 1488 From Houston. Subject Property Is 5.8 Miles From the Festival Site TxDOT Invests in Intersection and Area Growth • TxDOT Is Constructing a $23.4MM Railroad Overpass at FM 1488 and FM 1774 Intersection • Thirty Percent Increase In Vehicles Per Day Since 2013- Magnolia Sees More Growth • TxDOT to Widen FM 1488 to a Four-Lane Divided Roadway (Currently Two-Lane Undivided Roadway) • TxDOT FM 1488 Widening to Reduce Subject Parcel Size- See Conceptual Site Plan on Page 10 for Future Parking Planning.
PROPERTY TAXES
Parcel Number | 0320-00-02905 | Improvements Assessment | $1,969,524 |
Land Assessment | $824,270 | Total Assessment | $2,793,794 |
PROPERTY TAXES
Listing ID: 19373006
Date on Market: 2020-04-29
Last Updated:
Address: 18640 FM 1488 Rd, Magnolia, TX 77354
The Retail Property at 18640 FM 1488 Rd, Magnolia, TX 77354 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.