Pearland, TX 77584,0 Magnolia Pkwy
Pearland, TX 77584,0 Magnolia Pkwy
Pearland, TX 77584,0 Magnolia Pkwy
15
$7,192,332
Est.Price: ?

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19.31 Acres Lot

0 Magnolia Pkwy Pearland, TX 77584

Est. payment /mo
SOLD DATE : 03/20/2024

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Key Details

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision H T & B R R

MLS Listing ID 17677018

Tax Year 2021

Lot Size 19.311 Acres

Property Description

Cleared 19.3+ Acres 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.

Location

State TX

County Brazoria

Area Pearland

Building

Lot Description Cleared, Other

Sewer Public Sewer

Water Public Water

New Construction No

Schools

Elementary Schools Massey Ranch Elementary School

Middle Schools Pearland Junior High South

High Schools Glenda Dawson High School

School District 42 - Pearland

Others

Acceptable Financing Cash Sale, Conventional

Listing Terms Cash Sale, Conventional

Special Listing Condition Other Disclosures

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Houston Association of Realtors (HAR MLS)
Listed by Keller Williams Realty Metropolitan
Bought with Non-MLS

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Tia Hicks

Agent | License ID: 816807

+1(469) 544-5076

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