28925 Fm 2978 RdMagnolia, TX 77354

Property Details for 28925 Fm 2978 Rd

Lot size

0.87 AC

Property type

Land

Description

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.

Location Insight

City

Magnolia

County

Montgomery

State

Texas

Latitude

30.1744

Longitude

-95.601

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