Media that contain ultrasound scatterers arranged in a regular spatial distribution can be considered as structured. Structural effects affect quantitative ultrasound parameters that reflect the microstructure properties. Prior studies examined structural effects using simulations or phantoms with fixed microarchitecture, focusing on a limited set of ultrasound parameters, with limited attention given to their underlying physical significance. This study aims to investigate the concordance of the physical interpretations of multiple quantitative ultrasound parameters experimentally by introducing a phantom type with an adjustable microarchitecture. The phantom consists of an aqueous solution containing superparamagnetic microspheres, acting as scatterers. The spatial arrangement of the magnetic particles is modified by applying an external magnetic field, therefore changing the degree of structure of the phantom. Quantitative ultrasound parameters are estimated in three different configurations: the magnetic field intensity is varied over time, strength, and orientation. In each experiment, the backscatter coefficient and the envelope quantitative ultrasound parameters are successfully extracted (R2 ≈ 0.94). Their physical interpretations are supported by microphotographs and geometrical considerations through concordant hypotheses. This study paves the way for the use of magnetic phantoms. This methodology could be followed to validate theoretical scattering models and the physical meanings of quantitative ultrasound parameters.