Cleared ~22.768-Acre Wrap by SW Corner of Magnolia Pkwy & FM 1128 with Road Frontage on Both

  • $7,192,332
Magnolia Pkwy & FM 1128, Pearland, TX 77584, USA

Cleared ~22.768-Acre Wrap by SW Corner of Magnolia Pkwy & FM 1128 with Road Frontage on Both

Magnolia Pkwy & FM 1128, Pearland, TX 77584, USA
  • $7,192,332
  • Address Magnolia Parkway & FM 1128
  • City Pearland
  • State/county Brazoria
  • Zip/Postal Code 77584
  • Area H T & B R R

Description

Cleared 22.768 Acres 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. The seller has had initial workshops with 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. The 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. The 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. The site will require detention which has had initial engineering done by the Seller. Magnolia Pkwy is 4-lane Blvd. connecting SH 288 to Pearland Pkwy as an alternative to congested FM 518. Just south is Manvel’s new Massey Oaks Ranch development beginning delivery of lots in June. Massey Oaks Elementary, Miller Jr High & Rogers Middle School are all close by. Call agent to discuss Planned Development work already completed. This is one of the last major tracts left in the area.

Details

Updated on June 7, 2022 at 12:31 am
  • Property ID: 17677018
  • Price: $7,192,332
  • Land Area: 22.768 Acres
  • Property Type: Commercial Land, Multifamily Land, Residential Land
  • Property Status: For Sale, New Listing
  • School District: Pearland ISD
  • Latitude and Longitude: 29.543245, -95.331162

What's Nearby?

Education
Pearland ISD (0.33 mi)
Poor 1 reviews
Silverline Montessori - Silverlake (0.95 mi)
Good 10 reviews
Odyssey Cheer Company (0.96 mi)
Exceptional 1 reviews
Children's Learning Adventure (0.99 mi)
Average 25 reviews
Food
Laredo Taco Company (2.57 mi)
Average 3 reviews
CVS Pharmacy (0.08 mi)
Fair 6 reviews
Dollar General (0.88 mi)
Good 1 reviews
John's Countryette (0.3 mi)
Good 5 reviews
Health & Medical
CVS Pharmacy (0.08 mi)
Fair 6 reviews
Sundance Yoga Studio (0.65 mi)
Exceptional 4 reviews
Dollar General (0.88 mi)
Good 1 reviews
Joseph's Nursery (1.01 mi)
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