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Magnolia Commercial Development Opportunity
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26842 FM 2978, Magnolia, TX 77354

3.4 acres of commercial land with pad sites available.

Property Size3 SF
Days on Market274

Property Features for 26842 FM 2978

General Information

Standard status Active
Size 3 SF
Property subtype Land
Listing Agency: SVN | J. Beard Real Estate - Greater Houston
Listed By: Diana Gaines · License #0400693
Source: Svn
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:55AM

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 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.

Key Highlights

  • 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).

Property Analytics

Current Use

Commercial land

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.

Location Intelligence

Trade Area within ½ mile

124
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

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 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).
More about this property
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