2.76 Acres Mesa Verde Dr
27042 Mesa Verde Drive, Magnolia, TX 77354
Marketing description
2.76 Acres Available for Sale on Mesa Verde Dr
Located approximately 8.84 miles west of I-45, 3.6 miles east of State Highway 249, and 5.9 miles north of Grand Parkway (SH 99)
The City of Magnolia is located at the junction of FM 1774 and FM 1488, approximately 45 miles northwest of Houston and 25 miles southwest of Conroe. The city is approximately 20 miles from both IH 45 and US 290 - two of Houston's main highway systems. The greater Magnolia area spans approximately 12 miles in all directions with an estimated population of more than 138,000.
The city is located in southwest Montgomery County, nationally ranked as 7th in growth among U.S. counties. A short drive from Houston, Magnolia is poised for expansion with the arrival of the SH 249 Toll Way and major corporations like Exxon Mobil. At the crossroads of progress Magnolia is still a place where neighbors help neighbors - a place to call home or grow your business.
As the Hwy 249 extension comes to fruition, economic and residential growth is expected to follow in the southwest portion of Montgomery County. Greater Magnolia area residents will gain easier access to the region and see a spike in economic development as they see the first Montgomery County main lanes of the long-awaited Hwy. 249 extension project open, stretching from Spring Creek to just south of FM 149 in Pinehurst. By 2022, drivers are estimated to save 16 minutes during evening peak traffic times when traveling northbound on the tollway from Spring Cypress Road to FM 1774 in Pinehurst instead of the Hwy. 249 frontage road, the traffic and revenue study shows. The time savings amount is expected to grow to 26 minutes by 2040, the study states.
The City is in close proximity to both the George Bush Intercontinental Airport serving the greater Houston area and several small general aviation airports, including D.W. Hooks Memorial Airport -an Intercontinental reliever airport and small jet facility. The 2010 U.S. Census shows Magnolia grew 25% in the last decade to 1,400. This year, Magnolia has realized a 50% increase in commercial permits compared to 2010 - and this is just the beginning.
Investment highlights
- 2.76 Acres Available
- Located approximately 8.84 miles west of I-45, 3.6 miles east of State Highway 249, and 5.9 miles north of Grand Parkway (SH 99)
- Property lies outside the 500 yr floodplain & floodway
- Restrictive Covenants apply
- Approximately 23.54 contiguous acres, also available
- 9.82 Contiguous acres available to the south of site
- 13.13 Contiguous acres available to the east of site
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