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    FOR SALE
    Office buildings

    30045 Fm 2978 Rd, Magnolia, TX 77354

    4,816 SF 1 ac lot Built 1997
    Individually Owned 22-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US83-2409477
    Property summary
    AI-generated overview

    This exceptional 1-3 acre commercial land parcel, located at 30045 FM 2978 in Magnolia, Texas, presents a unique investment opportunity. Situated in Montgomery County, zip code 77354, this single-tenant property is ideally suited for retail development or similar commercial ventures. The property boasts a total building square footage of 1 square foot, indicating a blank canvas for new construction tailored to specific business needs. The land's size, ranging from 1 to 3 acres, offers ample space for a substantial building and potentially associated parking or landscaping. Its location in the thriving Magnolia community provides excellent access to a growing population and strong consumer base. The property's classification as a pad site suggests its suitability for businesses requiring high visibility and convenient access for customers. This is a rare chance to acquire a strategically located commercial lot in a rapidly developing area of Texas, offering significant potential for future growth and return on investment. The property is zoned for commercial use, making it ready for immediate development. Interested parties are encouraged to conduct their own due diligence to confirm zoning and development regulations. This prime location offers unparalleled potential for a variety of commercial uses.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1997
    Total area 4,816 SF
    Lot 1 ac (43,560 SF)
    Zoning code 2
    APN 0078-02-00608
    UPID US83-2409477
    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
    • Bradbury Brothers Cooling, Plumbing & Electrical Home Appliance Store Hardware & Home Improvement
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Jesse E Combs · 22 yrs held
    Jesse E Combs
    since 2004
    2 recorded transactions
    2004
    1969
    Zoning & alternative use
    2 · Magnolia, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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