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    OFF-MARKET
    Commercial real estate

    28717 Fm 2978 Rd, Magnolia, TX 77354

    1.5 ac lot
    Property ID
    US83-2314081
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.5 ac (65,340 SF)
    APN 0078-01-01800
    UPID US83-2314081
    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
    • AC Doctor HVAC Service General Contractor
    • Brian Roland Professional Painting Painting Service General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    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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