Pending

0 Magnolia Parkway

Pearland TX, 77584

$7,192,332


$7.25 per sqft

Pending

991,770 sqft

Land

Cleared 22.768-Acre Wrap by SW Corner of Magnolia Pkwy/CR 59 & Manvel Rd/FM 1128 w/road frontage on both (~2400 ft on Magnolia Pkwy & ~430 ft on FM 1128). All city utilities. Wraps around 7-11 at the traffic light corner. Zoned General Commercial. Seller has had initial workshops w/the City regarding a Planned Development (PD) for a mixed-use of retail & multifamily. Seller will work w/Buyer to get the Planned Development (PD) done. There are currently no other locations in the area where multifamily can be built in Pearland so the barriers to entry are strong. Property lies 3.5 miles E. of SH 288, 3.3 miles W. of SH 35, 6 miles N. of SH 6, 1 mile S. of FM 518, 15 miles S. of the TX Medical Center & 18 miles S. of Downtown. Projected population within 3 miles is 84,483 in 26,719 Households in 2023 representing a 13.42% 5-year growth from 2018 to 2023. Site will require detention which has had initial engineering done by the Seller. This is one of the last major tracts left in the area.

17677018

MLS ID

June 6, 2022

Listed

February 15, 2024

Updated

Map

0 Magnolia Parkway
Pearland TX, 77584

Exterior/Building Features

Lot Size

22.77 Acres


Lot Features

Cleared, Other, 20 Up to 50 Acres


Sewer

Public Sewer

School Information

School District

42 - Pearland


High School

Glenda Dawson High School


Elementary School

Massey Ranch Elementary School

Other Property Details

Area Name

5


Days on Market

144


Garage

No


View

No


County

Brazoria


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

 

Courtesy of Keller Williams Metropolitan, Heidi Allbritton 

Based on information from the Houston Association of REALTORS as of 2/15/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 8:30 PM UTC, 2/15/2024

 

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