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    26842 Fm 2978 Rd Magnolia, TX 77354

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    For Sale
    Contact for pricing

    3.4 acres of commercial land with pad sites available.

    Property size:
    3 SF
    Lot size:
    3.40 Acres

    Property Features for 26842 Fm 2978 Rd

    General Information

    Size
    3 SF
    Lot size
    3.40 Acres

    Source: Diana Gaines Agent Diana Gaines

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Magnolia Commercial Development Opportunity

    This 3.4-acre commercial property offers development opportunities with pad sites available for sale. Situated at the entrance to the Northgrove at Spring Creek master-planned community in Magnolia, Texas, the location is ideal for freestanding retail, restaurants, or in-line retail. The property benefits from access via Northgrove Parkway and FM 2978, with approximately 566 feet of frontage on FM 2978, and convenient access to SH 249 and Grand Parkway 99. A signalized intersection is located at the main entrance of the development. The surrounding master-planned community will consist of approximately 996 homes upon completion, with homes ranging up to $700,000 and featuring 200 acres of open green space. Full utilities are available with off-site detention, provided by MUD 137. The property is located outside the 500-year floodplain. It is also located within close proximity to top-ranked Magnolia schools. Traffic counts from 2021 TXDOT data show FM 2978 north of the site with 23,669 vehicles and FM 2978 south of the site with 19,223 vehicles. The property is located minutes from The Woodlands Master Planned Community in South Montgomery County, Tomball, and Spring.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.597167
    Latitude
    30.14993

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    FAQs

    What type of property is this?
    Commercial land - 3.4 acres of commercial land with pad sites available.
    Where is this commercial land located?
    The property is located at 26842 Fm 2978 Rd Magnolia, TX.
    What are key features of this property?
    This property features: - Located at the entrance to NorthGrove Master Planned Community, a Toll Brothers Community.; - **3.4 Acres with pad sites available** – ideal for Freestanding Retail or Restaurant, Pad-In-line retail.; - Convenient access to SH 249 & Grand Pkwy 99 (Toll Road).
    (281) 367-2220
    Request Owner's contact information
    26842 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
    26842 Fm 2978 Rd Magnolia, TX 77354
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