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8617 Prine St - Vacant Land 1.08 Acres of Residential Land Offered at $799,000 in Magnolia, TX 77354

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INVESTMENT HIGHLIGHTS

Located on soft corner on FM 2978 & Prine Lane, just south of planned parkway joining FM 2978 & SH 249
Residence has 3 bedrooms, eat-in kitchen, electric, carport (2)

Approx 118' of frontage on FM 2978, some trees on lot, currently a residence on property (brick, wood) 1996

EXECUTIVE SUMMARY

This 47,171 SF rectangular property is ideally situated given the growth along FM 2978, located ~1/3 mile south the intersection of the planned parkway connecting FM 2978 and the west end of The Woodlands to SH 249. Ideal for commercial redevelopment: retail, c-store, professional office, flex. Use existing structure or remove.

8617 Prine Lane Sales Brochure 7-15-2024

TXR - Commercial Property Condition Statement - signed

Information About On-Site Sewer Facility - signed

IABS - signed

PROPERTY FACTS

Price	$799,000	Property Subtype	Residential
Sale Type	Owner User	Proposed Use	Commercial
Sale Conditions	Build to Suit Redevelopment Project	Total Lot Size	1.08 AC
No. Lots	1	No. Stories	1
Property Type	Land
Zoning	2 - No zoning; unrestricted; Not in MUD; electric utilities on site. Well and 2 septic tanks.

Price	$799,000
Sale Type	Owner User
Sale Conditions	Build to Suit Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Commercial
Total Lot Size	1.08 AC
No. Stories	1
Zoning	2 - No zoning; unrestricted; Not in MUD; electric utilities on site. Well and 2 septic tanks.

1 LOT AVAILABLE

Lot 37780

Price	$799,000	Lot Size	1.08 AC
Price Per AC	$737,833.59

Price	$799,000
Price Per AC	$737,833.59
Lot Size	1.08 AC

1.0829 acre lot with ~118' of frontage on FM 2978. Located at intersection of FM 2978 & Prine Lane (soft corner - stop sign). Access currently on Prine Lane. Has electricity & water/septic on-site. Currently has residence and well-house on property.

DESCRIPTION

A former residence (b: 1996; 1733 SF) that now has material value as a commercial property given the growth along 2978 and the planned parkway connecting FM 2978 (adjacent to The Woodlands, just south of Woodlands Parkway) to SH 249.

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