Buddy Riley Blvd, Magnolia, TX 77354 For Sale

The HEB effect

FM 1488 runs 20 miles from I-45 through the Magnolia City limits. In 20 miles you’ll find three HEB’s spaced 5-6 miles apart.

Lone Star College will open The Magnolia Center (in Magnolia) in January with a new 85,000SF building.

SH 249 at FM 1488 sees 21,000 cars a day driving from Houston to College Station. Magnolia is the midpoint between the two cities.

Magnolia (city population) has tripled since 2020. From 2,200 to over 7,000. The growth is so fast fueled by ETJ development Costar can’t keep up. If you need development updates call the Magnolia EDC.

City has approved 300,000 SF of commercial development projects in the past two years. They’re slated to approve 350,000 more in the next year, and that’s not even the Magnolia Town Center project.

Magnolia Lagoon project was announced a few months ago- it’s 4 miles west of town, almost to Waller. It’s a big tourism boost that opens May 2026 and features a 4 acre water park.The city is within the economic growth corridor of Montgomery County which is among the fastest‐growing counties in the region. The county’s population jumped 30% since 2010

A wave of new development is coming to Montgomery County as rooftop growth west and north of The Woodlands attracts more real estate investment.

Five‐year projections based on macro industry studies suggest the subject property is well‐insulated from market demand downturn and new supply risk. Annual rent projections are stable in the 2% to 4% range, vacancy is consistent around the national average of 5% and inventory is expected to grow at approximately 2% annually.

Due to local and national migration trends to affordable suburban markets and the continued aging of the millennial generation into child‐bearing years, there is strong evidence to support sustained absorption and healthy rent growth at the subject property location.