Pending
0 Magnolia Parkway
Pearland TX, 77584
$7,192,332
$7.25 per sqft
Pending
22.77 Acres
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
November 21, 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
Courtesy of Keller Williams Metropolitan, Heidi Allbritton
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Data last updated 10:58 PM UTC, 11/21/2024