FM2978 1/2 Magnolia, TX 77354
- Land
- 2.24 lot acres
Current Use by Public Records
- Land
Property Details for FM2978 1/2
- Lot size
- 2.24 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 2.239-acre commercial land parcel is situated at the highly visible corner of FM 2978 and Shady Lane in Magnolia, Texas (Montgomery County, zip code 77354). The property boasts approximately 252 feet of frontage along the newly expanded five-lane FM 2978 Highway, ensuring maximum exposure to significant traffic volume. This strategic location within the thriving Woodlands market area offers unparalleled accessibility and visibility, making it ideal for a variety of commercial ventures. The land is located outside of flood zones, providing a secure investment opportunity. The property's prime location and high visibility make it suitable for retail, dining, or service-oriented businesses, catering to the area's diverse demographic. This is a rare opportunity for businesses seeking a prominent position in a bustling community. The property is part of a larger 5-acre tract, with this 2.239-acre portion being offered for sale. Note that an existing billboard on the property is not included in the sale, and an easement will be conveyed. The asking price is $1,100,000. The APN is 0078-01-01208.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Magnolia
- County
- Montgomery
- State
- Texas
- Longitude
- -95.5979
- Latitude
- 30.1648
