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28323 FM 2978 Rd - 19.84 +/- Commercial Acres - FM 2978 Frontage 19.84 Acres of Commercial Land Offered at $3,300,000 in Magnolia, TX 77354
Investment Highlights
- Prime 19.84 +/- AC with dual road frontage, with the option for two additional contiguous parcels being 5 +/- AC and 560+ LF frontage on FM 2978.
- Located along newly expanded 5-lane FM 2978 Highway.
- High visibility and accessibility.
- Strategic position within the expansive Woodlands market area.
- Current RV park facility with substantial operating infrastructure.
- NO zoning status: allowing for various commercial ventures; ideal for retail, dining, commercial, industrial, or service-oriented establishments.
Executive Summary
This 19.84 +/- AC commercial tract is located at 28323 FM 2978 in the bustling Magnolia and Tomball area of Texas, and located in the high economic ranked Montgomery County. This property enjoys a strategic position within The Woodlands market area.
Boasting an impressive frontage on FM 2978 and Shady Lane Dr, along the newly expanded 5-lane FM 2978 Highway, this tract offers visibility and accessibility, ensuring exposure to a high traffic count.
This investment opportunity, a current RV park facility with substantial infrastructure, provides a stable foundation for various commercial ventures, with no zoning status. The surrounding area caters to a diverse demographic, creating an ideal environment for retail, dining, commercial, industrial, or service-oriented establishments.
Positioned in a thriving market, this tract is an enticing prospect for ambitious entrepreneurs or astute investors seeking to establish a strong presence in the Magnolia, Tomball, and The Woodlands area.
Don't miss the chance to secure a prominent position within this dynamic market.
Boasting an impressive frontage on FM 2978 and Shady Lane Dr, along the newly expanded 5-lane FM 2978 Highway, this tract offers visibility and accessibility, ensuring exposure to a high traffic count.
This investment opportunity, a current RV park facility with substantial infrastructure, provides a stable foundation for various commercial ventures, with no zoning status. The surrounding area caters to a diverse demographic, creating an ideal environment for retail, dining, commercial, industrial, or service-oriented establishments.
Positioned in a thriving market, this tract is an enticing prospect for ambitious entrepreneurs or astute investors seeking to establish a strong presence in the Magnolia, Tomball, and The Woodlands area.
Don't miss the chance to secure a prominent position within this dynamic market.
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Property Facts
| Price | $3,300,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 19.84 AC |
| Property Type | Land | ||
| Zoning | Unrestricted | ||
| Price | $3,300,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 19.84 AC |
| Zoning | Unrestricted |
1 Lot Available
Lot
| Price | $3,300,000 | Lot Size | 19.84 AC |
| Price Per AC | $166,330.65 |
| Price | $3,300,000 |
| Price Per AC | $166,330.65 |
| Lot Size | 19.84 AC |
Presenting a prime 19.84 +/- AC multipurpose commercial tract, with frontage on FM 2978 and wrapped around, two optional parcels being 5 +/- AC with additional FM 2978 frontage.
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0078-01-01220 | Improvements Assessment | $241,110 |
| Land Assessment | $628,890 | Total Assessment | $870,000 |
Property Taxes
Parcel Number
0078-01-01220
Land Assessment
$628,890
Improvements Assessment
$241,110
Total Assessment
$870,000
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28323 FM 2978 Rd - 19.84 +/- Commercial Acres - FM 2978 Frontage