You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

28631 Fm 2978 Rd Magnolia, TX 77354

11.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 11.5-acre commercial land parcel presents a remarkable investment opportunity in Magnolia, Texas. Strategically located on FM 2978 and adjacent to Hardin Store Road, this property boasts 414 feet of frontage on FM 2978, offering unparalleled visibility and accessibility. The unrestricted nature of the land allows for a wide range of commercial developments, including shopping centers, office complexes, fast-food restaurants, gas stations, or mixed-use projects. The property includes two water wells, one extending to a depth of 725 feet, ensuring a reliable water supply. Public water and sewage services are also readily available through Monarch/Southwest Water Co. Its prime location within a high-traffic area and a rapidly growing region makes this an ideal site for businesses seeking maximum exposure and potential for significant returns. The property's size and location make it particularly well-suited for large-scale commercial ventures. This is a rare opportunity to acquire a substantial tract of land in a thriving Texas market. The asking price is $3,750,000. This listing includes an additional 0.5-acre lot on the hard corner of FM 2978 and Hardin Store Road, totaling approximately 12 acres of contiguous frontage.

Property profile
Verified
Property type Land
Lot 11.5 ac (500,940 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 2978 Transmission Mechanic Auto Center Auto Repair Shop
  • Car Outlet Inc. Car Dealership
  • DES Solutions LLC Car Wash
  • Bro's Auto Works Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 28631 Fm 2978 Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message