For Sale
$985,000

28925 Fm 2978 Rd Magnolia, TX 77354

0.87-acre pad site, high-traffic area

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 0.87-acre commercial land parcel presents a unique investment opportunity in Magnolia, Texas. Strategically located on FM 2978, this property boasts approximately 195 feet of frontage, enhanced by a signalized intersection with Greenmore Drive. The site benefits from its proximity to a thriving retail hub, including a major shopping center with over 300,000 square feet of retail space, anchored by national brands such as Target, TJ Maxx, Ross, and others. Nearby established businesses include Chili's, Starbucks, Taco Bell, Chick-fil-A, and Freddy's, demonstrating strong consumer traffic and demand. Further enhancing its appeal, the property is situated near a new luxury residential community, Northgrove at Spring Creek, developed by Toll Brothers, which is expected to add 850 homes upon completion. This influx of new residents will significantly increase the local population and consumer base. The recent expansion of FM 2978 to five lanes improves accessibility and visibility. The property's location within the Woodlands submarket, directly across from The Woodlands May Valley Subdivision entrance, places it in a high-growth area, currently ranked among the nation's top-selling master-planned communities. The site also features limited restrictions, offering flexibility for development. With its prime location, strong surrounding infrastructure, and high growth potential, this property represents an excellent opportunity for commercial development. The asking price is $985,000. The property is located in Montgomery County, Texas, zip code 77354.

Highlights

  • High-traffic commercial area on FM 2978, anchored by Walmart, Chase, and Whataburger, at the Woodlands Parkway intersection.
  • Proximity to Westwood Shopping Center (300,000+ SF), featuring Target, TJ Maxx, Ross, and numerous restaurants.
  • 195 feet of frontage on FM 2978 with a signalized intersection at Greenmore Drive.
  • Adjacent to the new Northgrove at Spring Creek luxury residential community (850 homes planned).
  • FM 2978 recently expanded to five lanes.
  • Across from The Woodlands May Valley subdivision entrance, in the nation's #4 best-selling master-planned community.

Property Details for 28925 Fm 2978 Rd

Property type
Land
Lot Size (sq. ft)
37,897 SF

Location Insight

City
Magnolia
County
Montgomery
State
Texas
Latitude
30.1744278
Longitude
-95.6009708
28925 Fm 2978 Rd, Magnolia, Texas

FAQs

What type of property is this?
Land - 0.87-acre pad site, high-traffic area
Where is the land located?
The property is located at 28925 Fm 2978 Rd Magnolia, TX.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: High-traffic commercial area on FM 2978, anchored by Walmart, Chase, and Whataburger, at the Woodlands Parkway intersection.; Proximity to Westwood Shopping Center (300,000+ SF), featuring Target, TJ Maxx, Ross, and numerous restaurants.; 195 feet of frontage on FM 2978 with a signalized intersection at Greenmore Drive.
How can I contact the broker?
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28925 Fm 2978 Rd
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