MAGNOLIA 24008 FM 1488 | MAGNOLIA, TX Land for Sale€¦ · 24008 FM 1488 | MAGNOLIA, TX MAGNOLIA...

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10077 GROGAN’S MILL RD., SUITE 135 | THE WOODLANDS, TX 77380 | 281-367-2220 | JBEARDCOMPANY.COM FOR INFORMATION CONTACT: Chase Moore | Jeff Beard, CCIM INSIGHT KNOWLEDGE EXPERTISE ±21.6 ACRES AVAILABLE 24008 FM 1488 | MAGNOLIA, TX Land for Sale MAGNOLIA E

Transcript of MAGNOLIA 24008 FM 1488 | MAGNOLIA, TX Land for Sale€¦ · 24008 FM 1488 | MAGNOLIA, TX MAGNOLIA...

Page 1: MAGNOLIA 24008 FM 1488 | MAGNOLIA, TX Land for Sale€¦ · 24008 FM 1488 | MAGNOLIA, TX MAGNOLIA Land for Sale E • 12 Commercial Pad Sites between 1-2.5 acres platted along FM

10077 GROGAN’S MILL RD., SUITE 135 | THE WOODLANDS, TX 77380 | 281-367-2220 | JBEARDCOMPANY.COM

FOR INFORMATION CONTACT: Chase Moore | Jeff Beard, CCIM

INSIGHTKNOWLEDGEEXPERTISE

±21.6 ACRES AVAILABLE24008 FM 1488 | MAGNOLIA, TX

Land for SaleMAGNOLIA

E

Page 2: MAGNOLIA 24008 FM 1488 | MAGNOLIA, TX Land for Sale€¦ · 24008 FM 1488 | MAGNOLIA, TX MAGNOLIA Land for Sale E • 12 Commercial Pad Sites between 1-2.5 acres platted along FM

• 12 Commercial Pad Sites between 1-2.5 acres platted along FM 1488 just 3 miles west of Magnolia in front of Remington Forest.• Water Lines either on site or near all 12 Pad Sites. • Well suited for a variety of uses close to town and the new Aggie Expressway Toll Road. • Well situated for the projected growth of nearly 20,000 homes in the immediate area. • Pad sites can be assembled to offer more acreage.

±21.6 ACRES AVAILABLEProperty Highlights

PROPERTYDEMOGRAPHICS 1 MILE 3 MILES 5 MILES

*Derived from STDB 2019

2019 Total DaytimePopulation

2019 Total Population

Average HH Income

567

827

$97,261

5,741

9,111

$111,550

12,728

23,724

$106,726

INSIGHTKNOWLEDGEEXPERTISE

This information contained herein has been obtained from reliable sources; however, The J. Beard Company, LLC and The J. Beard Real Estate Company, L.P., makes no guarantees, warranties or representations to the completeness or accuracy of the data. Property submitted is subject to errors,

omissions, change of price, prior sale or withdrawal without notice.

10077 GROGAN’S MILL RD., SUITE 135 | THE WOODLANDS, TX 77380 | 281-367-2220 | JBEARDCOMPANY.COM

1488

SITE

Nich

ols

Sawm

ill Rd Magnolia Blvd

MAGNOLIA

Jone

s Rd

1488

1488

14881774

1774

1486

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developed by

MAGNOLIA CENTER

OPENING FALL 2021

CAMPUS

3,000 ACRE MPC | 5,500 HOMES AT COMPLETION

PROPOSEDMAGNOLIABYPASS

FIVE-LANEEXPANSIONCOMPLETED

FM 1488/ FM 149

PROPOSEDFLYOVER

WIDEN FM 1488FROM MOSTYN

MANOR TO WALLER COUNTY

PROPOSEDWOODLANDS

PKWYEXPANSION

± 2,219 ACRES OWNED

BY INVESTMENT FIRM FOR FUTURE

DEVELOPMENT

GROVE LANDINGUNDER DEVELOPMENT

FM 1774 RRFLYOVERPHASE II

TO WALLER2018

PHASE III TOGRIMES 2019

The Woodlands

Spring

Magnolia

Conroe

Tomball

45

45

FUTURE

249

HUFSMITH-C

ON

ROE

HUFSMIT H KUYKENDAHL RD

DOBBIN-HUFSMITH

NICHOLS SAWMILL RD

F ISH CREEK THOUROUGH FARE

1

23 4

5

6

7

8

9

10

11

121314 15

16

17

1819

DEVELOPMENT ACREAGE/USE HOMES/LOTSWoodard Tract 5,900 AC Residential 1600 - Phase 1Woodhaven Estates 2,732 AC Mixed-Use 564 Homes/Lots Magnolia Woods 593 AC Residential 500 HomesEscondido Ranch 151 AC Mixed-Use 572 HomesMustang Ridge 74 AC Residential 240 HomesGlenn Oaks (ongoing) 699 AC Residential 548 Lots AvailableMagnolia Ridge 479 AC ResidentialMagnolia Audubon 2,600+ AC ResidentialMagnolia Reserve 169 AC Residential 216 HomesKaren Switch Reserve 174 AC Residential 215 HomesMills Creek 163 AC Residential 570 HomesMagnolia Commons 400,000 SF Retail/Mixed-Use 1,100+ TownhomesReynolds Reserve 107 AC Residential 240 HomesFormer Buck Grass Stables 32 AC CommercialHalberdier Business Park 46 AC Mixed-UseWoodtrace AC Residential 850 Homes Lakes at Millside Creek ±302 AC ResidentialLake Windcrest AC Residential 900 HomesPalm Oaks 67 AC Residential 115 Lots

1.2.3.4.5.6.7.8.9.10.11.12.13.14.15.16.17.18.19.

SITE

±21.6 ACRES AVAILABLEArea Development

INSIGHTKNOWLEDGEEXPERTISE

This information contained herein has been obtained from reliable sources; however, The J. Beard Company, LLC and The J. Beard Real Estate Company, L.P., makes no guarantees, warranties or representations to the completeness or accuracy of the data. Property submitted is subject to errors,

omissions, change of price, prior sale or withdrawal without notice.

10077 GROGAN’S MILL RD., SUITE 135 | THE WOODLANDS, TX 77380 | 281-367-2220 | JBEARDCOMPANY.COM

Page 4: MAGNOLIA 24008 FM 1488 | MAGNOLIA, TX Land for Sale€¦ · 24008 FM 1488 | MAGNOLIA, TX MAGNOLIA Land for Sale E • 12 Commercial Pad Sites between 1-2.5 acres platted along FM

INSIGHTKNOWLEDGEEXPERTISE

This information contained herein has been obtained from reliable sources; however, The J. Beard Company, LLC and The J. Beard Real Estate Company, L.P., makes no guarantees, warranties or representations to the completeness or accuracy of the data. Property submitted is subject to errors,

omissions, change of price, prior sale or withdrawal without notice.

10077 GROGAN’S MILL RD., SUITE 135 | THE WOODLANDS, TX 77380 | 281-367-2220 | JBEARDCOMPANY.COM

±21.6 ACRES AVAILABLEArea Overview

• A suburb of Houston, Magnolia is located in southwest Montgomery County, the 7th fastest growing county in the U.S.

• Magnolia is experiencing significant expansion, with several major developments and road improvements underway.

• State Hwy 249 Toll Road expansion is scheduled to go through Magnolia, creating opportunity for further growth.

• Several active new subdivisions will account for approximately 6,500 new single-family homes within the area; an additional 9,700 acres are planned for housing developments in the area.

• Retail spending potential exceeds retail sales, creating over $170 million of retail leakage for the city’s trade area.

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Information About Brokerage ServicesTexas law requires all real estate license holders to give the following informa on

about brokerage services to prospec ve buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS: .• A BROKER is responsible for all brokerage ac vi es, including acts performed by sales agents sponsored by the broker.• A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): • Put the interests of the client above all others, including the broker’s own interests;• Inform the client of any material informa on about the property or transac on received by the broker;• Answer the client’s ques ons and present any o er to or counter-o er from the client; and• Treat all par es to a real estate transac on honestly and fairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a wri en lis ng to sell or property management agreement. An owner's agent must perform the broker’s minimum du es above and must inform the owner of any material informa on about the property or transac on known by the agent, including informa on disclosed to the agent or subagent by the buyer or buyer’s agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a wri en representa on agreement. A buyer's agent must perform the broker’s minimum du es above and must inform the buyer of any material informa on about the property or transac on known by the agent, including informa on disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the par es the broker must rst obtain the wri en agreement of each party to the transac on. The wri en agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obliga ons as an intermediary. A broker who acts as an intermediary:

• Must treat all par es to the transac on impar ally and fairly;• May, with the par es' wri en consent, appoint a di erent license holder associated with the broker to each party (owner and

buyer) to communicate with, provide opinions and advice to, and carry out the instruc ons of each party to the transac on.• Must not, unless specically authorized in wri ng to do so by the party, disclose:

that the owner will accept a price less than the wri en asking price;that the buyer/tenant will pay a price greater than the price submi ed in a wri en o er; andany conden al informa on or any other informa on that a party specically instructs the broker in wri ng not todisclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transac on without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner rst.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s du es and responsibili es to you, and your obliga ons under the representa on agreement.• Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This no ce is being provided for informa on purposes. It does not create an obliga on for you to use the broker’s services. Please acknowledge receipt of this no ce below and retain a copy for your records.

Licensed Broker /Broker Firm Name or Primary Assumed Business Name

License No. Email Phone

Designated Broker of Firm License No. Email Phone

Licensed Supervisor of Sales Agent/Associate

License No. Email Phone

Sales Agent/Associate’s Name License No. Email Phone

Regulated by the Texas Real Estate Commission

Buyer/Tenant/Seller/Landlord Initials

Informa on available at www.trec.texas.gov IABS 1-0

Date

TAR 2501

[email protected]

[email protected]

Steven Jeffrey Beard 0400693

281-367-2220

281-367-2220

The J. Beard Company, LLC 0519836