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Planned Flex/Light Industrial Park
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26823 FM 2978, Magnolia, TX 77354

New flex and light industrial development will provide warehouse, light industrial, flex, and office space with truck access.

Space Size35,000 SF
Lot Size9.00 Acres
Days on Market2201

Property Features for 26823 FM 2978

General Information

Standard status Active
Size 35,000 SF
Lot size 9.00 Acres
Property subtype INDUSTRIAL

Additional Details

Outdoor Storage Yes

Spaces For Lease

at 26823 FM 2978 Contact us

WOODGROVE BUSINESS PARK AT FM 2978

Size
35,000 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Availability
AVAILABLE
PROPERTY OVERVIEW • New 85,000 SF planned development will offer warehouse, light...
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Listing Agency: SVN | J. Beard Real Estate – Greater Houston
Listed By: Jeff Beard, CCIM · License #0400693
Source: Moodyscre
Added: Aug 13, 2020 Changed: Aug 16 Last Checked: Aug 22 at 9:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | J. Beard Real Estate – Greater Houston

Investment Insights

Based on property information with market context.

This planned development is designed to offer warehouse, light industrial, flex, and office spaces for a variety of users. The park is planned as a multi-building business community, with six buildings anticipated to range from 5,000 to 35,000 square feet. The initial building is anticipated for completion in the first quarter of 2021.

The site is located south of the intersection of Woodlands Pkwy on Magnolia, Texas, on the west side of The Woodlands and north of Tomball along the expanding FM 2978 corridor. The development is planned with a 40’ main drive and is intended to include outside storage areas, convenient truck access and turnaround points, generous parking ratios, and business park signage.

The overall plan calls for a flexible layout that supports light industrial operations, including access for trucks and the ability to accommodate outside storage needs within the site design.

Key Highlights

  • New 85,000 SF planned development with warehouse, light industrial, flex, and office spaces
  • Located south of the Woodlands Pkwy intersection on Magnolia, west side of The Woodlands and north of Tomball along FM 2978
  • Plans include six buildings sized from 5,000 to 35,000 SF

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency HVAC Service Plumbing Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

127
Businesses Nearby
Well-served
Demand for This Use

Demographics for 77354, TX

40,625
Population
15,747
Households
2.6
Avg Household Size
38
Median Age
42%
College-Educated
93%
High-School Grad
74.2 sq mi
ZIP Area
548
Density / Sq Mi
$112,093
Median Household Income
$58,832
Median Earnings
$1,850
Median Rent
$379,700
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - New flex and light industrial development will provide warehouse, light industrial, flex, and office space with truck access.
Where is this flex space located?
The property is located at 26823 FM 2978 Magnolia, TX.
What are key features of this property?
This property features: New 85,000 SF planned development with warehouse, light industrial, flex, and office spaces; Located south of the Woodlands Pkwy intersection on Magnolia, west side of The Woodlands and north of Tomball along FM 2978; Plans include six buildings sized from 5,000 to 35,000 SF
(281) 367-2220 Call to check price and availability
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