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    28323 Fm 2978 Rd Magnolia, TX 77354

    For Sale
    Contact for pricing

    Prime unrestricted acreage, dual road frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 19.84-acre commercial/industrial land parcel presents a unique investment opportunity in the rapidly growing Magnolia, Tomball, and The Woodlands area of Montgomery County, Texas. Located at 28323 FM 2978, this property boasts impressive frontage on both FM 2978 and Shady Lane Drive, benefiting from high visibility and accessibility along the newly expanded five-lane FM 2978 Highway. Currently operating as an RV park, the site includes substantial existing infrastructure. The absence of zoning restrictions allows for a wide range of commercial ventures, including retail, dining, industrial, or service-oriented businesses. This strategically positioned tract offers significant potential for entrepreneurs and investors seeking a prominent presence in this dynamic market. The property's location within the expansive Woodlands market area ensures access to a diverse demographic. Two optional, contiguous parcels of approximately 5 acres each, with additional FM 2978 frontage, are also available. The property's APN is R274738, and the zip code is 77354. This is a rare opportunity to acquire a large, versatile tract in a high-growth area.

    Property Features for 28323 Fm 2978 Rd

    General Information

    Property type
    Land
    Lot Size
    864,230 SF

    HighLights

    • 19.84‑acre commercial/industrial land parcel with dual road frontage; optional purchase of two adjacent 5‑acre parcels.
    • Located at 28323 FM 2978, Magnolia/Tomball/The Woodlands area, Montgomery County, Texas.
    • Strategic location within the expansive Woodlands market.
    • High visibility and accessibility due to frontage on FM 2978 and Shady Lane Drive.
    • Situated on a newly expanded 5‑lane FM 2978 Highway.
    • High visibility and accessibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Timber Ridge RV ... Rv Park

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.597968592863
    Latitude
    30.167205204893

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    FAQs

    What type of property is this?
    Land - Prime unrestricted acreage, dual road frontage.
    Where is this land located?
    The property is located at 28323 Fm 2978 Rd Magnolia, TX.
    What are key features of this property?
    This property features: 19.84-acre commercial/industrial land parcel with dual road frontage; optional purchase of two adjacent 5-acre parcels.; Located at 28323 FM 2978, Magnolia/Tomball/The Woodlands area, Montgomery County, Texas.; Strategic location within the expansive Woodlands market.
    Request Owner's contact information
    28323 Fm 2978 Rd 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
    28323 Fm 2978 Rd Magnolia, TX 77354
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