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    2978 Near Miller Rd Magnolia, TX 77354

    For Sale
    $895,000

    Prime Development Site, Motivated Seller

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 9.7-acre commercial development site is ideally located in Magnolia, Texas, at the intersection of FM 2978 near Miller Road, in Montgomery County, zip code 77354. The property boasts unrestricted usage, offering unparalleled flexibility for a wide range of commercial ventures. Its strategic location provides dual access to FM 2978, ensuring excellent visibility and convenient access for customers and employees. The seller is highly motivated, making this an exceptional opportunity for investors seeking a prime piece of land in a rapidly growing area. The property's proximity to The Woodlands presents significant advantages, tapping into a thriving and affluent market. This 9.7-acre parcel is priced to sell, representing a compelling investment opportunity with significant potential for future appreciation. The coordinates are 30.204324 latitude and -95.580793 longitude. Don't miss this chance to acquire a highly desirable commercial land parcel in a prime location. Serious inquiries only.

    Property Features for 2978 Near Miller Rd

    General Information

    Property type
    Land
    Lot Size
    422,532 SF

    HighLights

    • 9.7‑acre unrestricted commercial development site.
    • Dual access from FM 2978.
    • Motivated seller.
    • Excellent location near The Woodlands, Texas.
    • Priced at $895,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.580793
    Latitude
    30.204324

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    FAQs

    What type of property is this?
    Land - Prime Development Site, Motivated Seller
    Where is this land located?
    The property is located at 2978 Near Miller Rd Magnolia, TX.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: 9.7-acre unrestricted commercial development site.; Dual access from FM 2978.; Motivated seller.
    (713) 690-0000
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    2978 Near Miller 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
    2978 Near Miller Rd Magnolia, TX 77354
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