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NWQ FM 1486 and FM 1774, Magnolia, TX
Magnolia, TX 77354
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B
What's Special
Available Commercial in Booming Magnolia, TX <p>± 9.005 acres</p><p></p><p>Located along FM 1486 across the street from Magnolia West High School.</p><p></p><p>Surrounded by new and proposed master planned developments</p><p></p><p>Adjacent to Lone Star College campus.</p><p></p><p>Proposed bypass will be positioned adjacent to tract</p><p></p><p>3 minute drive to the Aggie Expressway (SH 249)</p>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
