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    28631 Fm 2978 Rd Magnolia, TX 77354

    For Sale
    $3,750,000

    Specialty - Magnolia, TX

    Days on Market:
    127
    Last Refresh:
    Dec 11 at 3:06 am

    Property Features for 28631 Fm 2978 Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Other

    Building Details

    Year built
    1995
    Architectural style
    Other

    Keller Williams Brazos Valley (979) 693-9100 [email protected]

    Listing agent Karryn Nichols (979) 693-9100

    Listing date Aug 7, 2025

    MLS# 25008698 Listing URL

    Copyright © 2025 Bryan-College Station Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Unrestricted Land with Commercial Potential

    This 11.2895-acre tract is located in Magnolia, Texas, featuring 414 feet of frontage on FM 2978 at Hardin Store Road. The property is unrestricted and includes two water wells and a commercial septic system. Currently, there are four businesses and a home situated on the land. The location is near the Hardin Store Road intersection, an area experiencing new development. This property is well-suited for various commercial uses, including multifamily housing, shopping centers, offices, fast food restaurants, and gas stations, presenting a significant opportunity for development.
    Property Profile Location Intelligence

    Current Use by Public Records

    2978 Transmission Mechanic ... Mechanic Car Outlet Inc. Car Dealer DES Solutions LLC Car Detailing Service Bro's Auto Works Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.600769
    Latitude
    30.172989

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    FAQs

    What type of property is this?
    Commercial land - 11.29 acres in Magnolia, TX, suitable for various commercial uses.
    Where is this commercial land located?
    The property is located at 28631 Fm 2978 Rd Magnolia, TX.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: - Unrestricted 11.2895 AC Tract suitable for various commercial uses such as multifamily, shopping center, offices, fast food, and gas station.; - Located in Magnolia with 414 ft of frontage on 2978 at Hardin Store RD, close to the Hardin Store Rd Intersection.; - Includes two water wells and a commercial septic system.
    (979) 693-9100
    Request Owner's contact information
    28631 Fm 2978 Rd Magnolia, TX 77354
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    Magnolia, TX 77354
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    28631 Fm 2978 Rd Magnolia, TX 77354
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