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Commercial Land with Existing Improvements
For Sale
$3,250,000

28631 FM 2978, Magnolia, TX 77354

Unrestricted commercial tract with existing businesses, a residence, water wells, and commercial septic infrastructure.

Property SizeContact for details
Days on Market11

Property Features for 28631 FM 2978

General Information

Standard status Active

Building Details

Year Built 1995
Listing Agency:
Listed By: Anthony Buck
Source: Greenprintrealestate.idxbroker
Added: Aug 12 Changed: Aug 21 Last Checked: Aug 22 at 3:30AM

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 Anthony Buck

Investment Insights

Based on property information with market context.

This 11.2895-acre commercial land tract includes four businesses and a home, creating an existing improved property rather than a vacant site. The parcel has two water wells and commercial septic infrastructure, supporting the current improvements and broader commercial planning. An unrestricted designation provides flexibility for evaluating future use options, including the commercial concepts identified in the property information.

Located at 28631 FM 2978 in Magnolia, the tract provides 414 feet of frontage on FM 2978 at Hardin Store Road. The property is near the Hardin Store Road intersection and is described as being close to new development. Existing improvements were built in 1995.

Key Highlights

  • 11.2895‑acre commercial land tract
  • 414 feet of frontage on FM 2978 at Hardin Store Road
  • Four businesses and a home are located on the property

Property Analytics

Current Use

2978 Transmission Mechanic ... Auto Repair Shop Car Outlet Inc. Car Dealership DES Solutions LLC Car Wash Bro's Auto Works Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Restaurant Hair Salon

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

143
Businesses Nearby
697
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Storage King USA Shops & Services
697 visits/mo 0.2 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Unrestricted commercial tract with existing businesses, a residence, water wells, and commercial septic infrastructure.
Where is this commercial land located?
The property is located at 28631 FM 2978 Magnolia, TX.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: 11.2895‑acre commercial land tract; 414 feet of frontage on FM 2978 at Hardin Store Road; Four businesses and a home are located on the property
More about this property
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