28717 Fm 2978 Rd, Magnolia, TX 77354
This exceptional 1.5-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Magnolia, Texas area. Located at 28717 FM 2978, this property boasts over 100 linear feet of frontage on a major five-lane roadway, FM 2978, experiencing an average daily traffic count exceeding 33,000 vehicles in 2023, according to Texas Department of Transportation data. Its strategic position between Magnolia, The Woodlands, and Tomball provides unparalleled visibility and accessibility. The property's proximity to a traffic light at the intersection of FM 2978 and Hardin Store Road further enhances its visibility. This prime location is surrounded by established businesses and upscale residential communities, making it ideal for a variety of commercial ventures. The property's location within the Woodlands-Houston metropolitan statistical area, which has seen an 18.7% population increase over the past decade, offers significant growth potential. The Montgomery County location (APN: 0078-01-01800) and its zip code is 77354. This is a rare opportunity to capitalize on the robust economic growth of this thriving Texas region, known for its strong business climate. The property is zoned for both commercial and residential uses.
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AC Doctor HVAC Service General Contractor
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Brian Roland Professional Painting Painting Service General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.