PRICE REDUCTION!!Unlock the full potential of this 2.4 acre unrestricted property located directly on FM 1488, just minutes west of downtown Magnolia. With over 200 feet of frontage on a high-traffic corridor, this site offers exceptional visibility and access, ideal for commercial development, mixed-use, or long-term hold in a booming area. The existing structure is in poor condition and likely a teardown, giving investors a clean slate to redevelop or rezone to fit a wide range of uses. Whether you're looking to build retail, office, warehouse, or multifamily, this property offers flexibility and strong future appreciation.