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38800 Spur 149 rd - Magnolia Village South
0.66 - 2.99 Acre Commercial Land Lots Offered at £543,621 - £2,980,053 Per Lot in Magnolia, TX 77354
Investment Highlights
- High Visibility, Shovel-Ready Pad Sites
- All Utilities Stubbed to Site
- For Sale, Ground Lease, or Build-to-Suit
- No Detention Required
- Across from H-E-B with Cross-Access to Lowes
- Surrounded by Hundreds of Apartments and Single Family Homes
Executive Summary
All pad sites have cross-access with 4 curb cuts of ingress/egress and deceleration lanes off Spur 149.
Developer has spent over $7.5M in civil site work in order to develop these pad sites into shovel-ready condition.
Property Facts
| Price | £543,621 - £7,658,034 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Total Lot Size | 9.25 AC |
| No. Lots | 6 | Cross Streets | Red Creek Circle |
| Property Type | Land |
| Price | £543,621 - £7,658,034 |
| Sale Type | Investment or Owner User |
| No. Lots | 6 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 9.25 AC |
| Cross Streets | Red Creek Circle |
6 Lots Available
Lot A
| Price | £2,980,053 | Lot Size | 2.99 AC |
| Price Per AC | £996,673 |
| Price | £2,980,053 |
| Price Per AC | £996,673 |
| Lot Size | 2.99 AC |
Pad A is caddy-corner to HEB and is the highest visibility pad site. It is at the intersection of Spur 149 and Red Creek Circle. All pad sites have cross-access. ALL PAD SITES ARE SHOVEL-READY WITH ALL UTILITIES AND OFF-SITE DETENTION.
Lot B
| Price | £1,057,260 | Lot Size | 1.14 AC |
| Price Per AC | £927,421 |
| Price | £1,057,260 |
| Price Per AC | £927,421 |
| Lot Size | 1.14 AC |
Pad B is at the entrance to the Cottages of Magnolia (single family rentals). All pad sites have cross-access with 4 curb cuts of ingress/egress and decel lanes off Spur 149. ALL PAD SITES ARE SHOVEL-READY WITH ALL UTILITIES AND OFF-SITE DETENTION.
Lot D
| Price | £585,438 | Lot Size | 0.71 AC |
| Price Per AC | £824,561 |
| Price | £585,438 |
| Price Per AC | £824,561 |
| Lot Size | 0.71 AC |
Pad D is next to the C-Store and in front of the Cottages of Magnolia. All pad sites have cross-access with 4 curb cuts of ingress/egress and decel lanes off Spur 149. ALL PAD SITES ARE SHOVEL-READY WITH ALL UTILITIES AND OFF-SITE DETENTION.
Lot E
| Price | £543,621 | Lot Size | 0.66 AC |
| Price Per AC | £823,668 |
| Price | £543,621 |
| Price Per AC | £823,668 |
| Lot Size | 0.66 AC |
Pad E is at the southern entrance to the Cottages of Magnolia (single family rentals). All pad sites have cross-access with 4 curb cuts of ingress/egress off Spur 149. ALL PAD SITES ARE SHOVEL-READY WITH ALL UTILITIES AND OFF-SITE DETENTION.
Lot F
| Price | £1,798,920 | Lot Size | 2.91 AC |
| Price Per AC | £618,186 |
| Price | £1,798,920 |
| Price Per AC | £618,186 |
| Lot Size | 2.91 AC |
PENDING CONTRACT Pad F is at the southern entrance to the Cottages of Magnolia (single family rentals). All pad sites have cross-access with 4 curb cuts. ALL PAD SITES ARE SHOVEL-READY WITH ALL UTILITIES AND OFF-SITE DETENTION.
Lot J
| Price | £692,742 | Lot Size | 0.84 AC |
| Price Per AC | £824,693 |
| Price | £692,742 |
| Price Per AC | £824,693 |
| Lot Size | 0.84 AC |
Pad J is at the northern property line, across from Lowe's, next to the self-storage development. All pad sites have cross-access with 4 curb cuts. ALL PAD SITES ARE SHOVEL-READY WITH ALL UTILITIES AND OFF-SITE DETENTION.
Description
The pad sites are fully developed and ready for construction. No detention required. All utilities have already been brought to the site. Sanitary Sewer is in the rear. Water, Power, Gas, and Telecom are along the front. Refer to Pricing Map for asking price per pad site. Seller/Developer (Newman) will also consider Ground Lease or Build-To-Suit. Developer has spent over $7.5M in civil site work in order to develop these pad sites into shovel-ready condition.
PROPERTY TAXES
| Parcel Number | 0556-00-00200 | Improvements Assessment | £0 |
| Land Assessment | £17,137 | Total Assessment | £17,137 |
PROPERTY TAXES
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Nate Newman -
Newman CRE
Presented by
38800 Spur 149 rd - Magnolia Village South
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