26842 FM 2978 Magnolia, TX 77354

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, this location is ideal for freestanding retail, restaurants, or in-line retail. The property benefits from its proximity to The Woodlands Master Planned Community, Tomball, and Spring, all within minutes. The Northgrove community is planned to include approximately 996 homes upon completion, with prices reaching up to $700,000s, and will feature 200 acres of open green space. Access is available from Northgrove Parkway and FM 2978, with approximately 566 feet of frontage on FM 2978. Convenient access to SH 249 and Grand Parkway 99 (Toll Road) enhances the property's appeal. A signalized intersection is located at the main entrance of the development. MUD 137 provides full utilities, including off-site detention. The property is located outside the 500-year floodplain, according to FEMA. Top-ranked Magnolia schools are located in close proximity to the site. 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.