8617 Prine Ln Magnolia, TX 77354

This exceptional 1.0829-acre commercial property, located at 8617 Prine Lane in Magnolia, Texas (77354), presents a unique investment opportunity. Situated on the desirable corner of FM 2978 and Prine Lane, this property boasts approximately 118 feet of frontage on FM 2978, offering excellent visibility and accessibility. The lot size is 47,171 square feet, and the property includes a 1,733 square foot existing building, built in 1996, featuring a one-story structure with a two-car carport. The property is served by two septic tanks and utilizes well water and electricity. Its strategic location offers significant potential for various commercial uses, including convenience stores, restaurants, and executive offices. The property's proximity to a fast-growing section of FM 2978, just south of the Woodlands Parkway terminus and a planned four-lane extension connecting FM 2978 with Highway 249, ensures high traffic volume and future development opportunities. Furthermore, its location approximately 400 yards from a new retail center anchored by CVS provides additional advantages. The asking price for this versatile property is $895,000. The Montgomery County APN is 0078-02-01300. This property is zoned for commercial and residential use.