28631 Fm 2978th Rd, Magnolia, TX 77354

Property Description

Rare 11.289-acre unrestricted opportunity with approx. 414' frontage on FM 2978 near Hardin Store Rd! Ideal for residential, commercial or mixed-use investment and redevelopment. Property includes an older 1,665 SF single-family home with 3 bedroom 1.5 baths that may be renovated or removed for a new custom home, plus 4 commercial structures: 2,800 SF contractor workshop, 1,800 SF metal warehouse with interior office, 720 SF mechanic shop and 1,100 SF retail/office building. Approx. 8,085 SF total enclosed area, plus an additional 1,000 SF covered canopy attached to the warehouse. Two commercial tenants currently generate rental income, along with an income-producing billboard. Excellent opportunity for investors, owner-users or developers seeking acreage with existing income and future flexibility. Buyer to verify all measurements, restrictions and permitted uses.