For Sale
$3,750,000

Fm 2978 Rd Magnolia, TX 77354

11-Acre Tract, High-Traffic Location, Multi-Use Potential

Overview

Added:
Feb 3
Days on market:
78
This exceptional 11.29-acre commercial property in Magnolia, Texas, presents a remarkable investment opportunity. Boasting 414 feet of frontage on FM 2978 at the Hardin Store Road intersection, this unrestricted land offers unparalleled visibility and accessibility. The property includes two functioning water wells and a commercial septic system, eliminating significant infrastructure hurdles. Currently improved with four existing businesses and a residential dwelling, this site is primed for redevelopment or expansion. Its strategic location within a rapidly developing area makes it ideally suited for a wide range of commercial ventures, including multifamily housing, shopping centers, office complexes, fast-food restaurants, or gas stations. The high traffic count and proximity to the Hardin Store Road intersection guarantee substantial exposure. This is a rare chance to acquire a substantial parcel of land in a thriving Texas market, poised for significant future growth and return on investment. The existing structures offer immediate income potential while the expansive acreage allows for considerable future development. Don't miss this chance to capitalize on this prime commercial real estate.

Property Details for Fm 2978 Rd

Property type
Commercial real estate
Year Built
1995
Lot Size (sq. ft)
491,792 SF

Location Insight

City
Magnolia
County
Montgomery
State
Texas
Latitude
30.13803
Longitude
-95.59687

FAQs

What type of property is this?
Commercial real estate - 11-Acre Tract, High-Traffic Location, Multi-Use Potential
Where is the commercial real estate located?
The property is located at Fm 2978 Rd Magnolia, TX.
What is the asking price?
The asking price for this property is $3,750,000.
How can I contact the broker?
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Fm 2978 Rd
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