28631 Fm 2978 Rd Magnolia, TX 77354
- Land
- 11.50 lot acres
Current Use by Public Records
- 2978 Transmission Mechanic Auto Center / Mechanic
- Car Outlet Inc. / Chauffeur Service / Car Dealer
- DES Solutions LLC / Car Detailing Service
- Bro's Auto Works / Auto Repair Shop
Property Details for 28631 Fm 2978 Rd
- Lot size
- 11.50 lot acres
- Property type
- Land
Description
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.
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
- -95.6006
- Latitude
- 30.1734