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    OFF-MARKET
    Land

    28025 Fm2978 Tract A, Magnolia, TX 77354

    2.76 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.76-acre commercial land tract is situated at 28025 FM 2978 in Magnolia, Texas, within Montgomery County (zip code 77354). Boasting 312 feet of frontage on the newly expanded five-lane FM 2978 Highway, this property offers unparalleled visibility and accessibility to high traffic volumes. Located in the thriving Magnolia and Tomball area, and within the Woodlands market area, this land is outside flood zones, providing a secure investment opportunity. The property's location is ideal for a variety of commercial ventures, including retail, dining, or service-oriented businesses, catering to the diverse demographic of the area. This prime location presents limitless potential for boutique retail spaces, restaurants, or professional offices. The asking price is $1,100,000. The APN is 0078-01-01209. Additional contiguous acreage is available for purchase should a larger footprint be desired. Note that a commercial billboard located on the northern property line is not included in the sale.

    Property profile
    Verified
    Property type Land
    Lot 2.76 ac (120,269 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
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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