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0 Magnolia Parkway

Pearland, TX 77584
  • $7,192,332
  • STATUS: Active Under Contract
  • ON SITE: 243 Days
  • MLS #: 17677018
Under Contract
$7,192,332
  • 0
    BEDS
  • 22.77
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Single-Family Home
County:

School Information

Elementary School:
School District:

Description

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.

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© 2023 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2023-02-05T00:12:58.967.
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0 Magnolia Parkway Pearland, TX 77584

  • Price: $7,192,332
  • Status: Active Under Contract
  • On Site: 243 Days
  • MLS #: 17677018
0
Beds
0
Baths
0
½ Baths
22.77
Acres
Neighborhood:
H T & B R R
County:
Brazoria
Area:
5 - Brazoria County
Elementary School:
Massey Ranch Elementary School
Middle School:
Pearland Junior High South
High School:
Glenda Dawson High School
School District:
Pearland
Property Description
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.
Exterior Features

Acres Description 20 Up To 50 Acres House No Land Use Other Lot Description ClearedOther Lot Dimensions 2400X430 Pool Area Yes Pool Private No Road Frontage County MaintainedFarm To Market Road Surface AsphaltConcreteCurbsGuttersOther

Property Features

Country United States Disclosures Other Disclosures Exemptions Agriculture Fee Other No Finance Available Cash SaleConventional For Lease No Lot Size Source Survey Lot Value Yes Maintenance Fee Yes No No Miles To Houston 18 New Construction No Restrictions Zoning Special Conditions No Special Conditions Tax Rate 2.5552 Tax Year 2021 Water Sewer Public SewerPublic Water

Listing information © 2023 Houston Association of REALTORS® MLS.
Listing courtesy of Keller Williams Metropolitan: [IDXCONTACTINFORMATION].



© 2023 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2023-02-05T00:12:58.967.
 
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