Land — Development Opportunity

29933 Hardin Store Rd

29933 Hardin Store Rd, Magnolia, TX 77354 · FM 2978 Frontage · Minutes from The Woodlands

$3,000,000

Asking Price

6.7 AC

Total · ~4.5 est. usable

~$10.28/SF

Price per SF

~$448K/AC

Price per Acre

FM 2978

Road Frontage

Magnolia, TX

Market

Property Overview

~6.7-acre corner tract at Hardin Store Rd & FM 2978 · $3,000,000 (≈ $447K/acre on gross acres)
~22,000 VPD at the intersection — strong roadway exposure supporting retail/service, medical, and visibility-driven concepts
Meaningful buildable footprint of ~4.0–4.5 acres (sketch indicates ~4.34 ac) · ~1 acre of wetlands (sketch ~1.08 ac) constraining part of the tract
Infrastructure advantage: utilities (water/sewer) in proximity + existing retention pond — reduces offsite scope, schedule risk, and upfront civil costs versus raw land
Upside is unlocked by tightening the buildable envelope, documenting a clear utility/detention path, and mapping a realistic site plan and access strategy
Investors who complete early-stage pre-engineering work are often surprised how quickly this type of tract moves from concept to a financeable, executable development plan

Pablo Uriegas

Pablo's Take

"6.7 acres total with FM 2978 frontage in Magnolia — an estimated ~4.5 acres of that is usable, to be confirmed on feasibility. One of the fastest-growing submarkets in the entire Houston MSA. Road visibility, infrastructure advantages, and a growth tailwind that keeps accelerating. This is the kind of site that gets harder to find every year."

6.7 AC Total ~4.5 AC est. usable · to be confirmed on feasibility

$3,000,000 Asking price (~$10.28/SF)

FM 2978 High-traffic primary corridor frontage

Magnolia, TX One of Houston's fastest-growing suburbs

< 5 Min Drive to The Woodlands amenities

Multi-Use Retail, medical, flex, mixed-use ready

Investment Highlights

FM 2978 frontage — ~22,000+ vehicles/day, high commercial visibility
Detention/retention pond already in place — reduces civil scope, accelerates timeline vs. typical raw tracts
Utilities available (water + sewer) — lowers uncertainty and off-site extension costs at this pricing
Clear, ready-to-develop land — minimal prep relative to most corridor parcels
High-growth corridor — rooftops expanding fast, fundamentals accelerating
Minutes from The Woodlands demand base
Flexible use — retail, medical, flex, MF all viable
Direct listing access — fast answers, clean process

Development Considerations

No in-place income — this is a value-creation play

Best suited for investors underwriting entitlement + delivery, not passive yield

Development cost and timeline drive returns

Improved here by utilities in place + existing pond, which can compress early-stage civil work materially

Montgomery County permitting timeline applies

Typically addressed with a defined civil/plat strategy and early coordination with county, MUD, and utility providers

Pricing can fluctuate with debt costs

Mitigated by traffic volume, utility access, and multiple viable end uses — gives flexibility on timing and product type

"Hardin Store is a rare setup for this price point: FM 2978 frontage with 22k+ cars/day, water and sewer available, and an existing detention/retention pond already in place — meaning the early civil and utility hurdles that usually slow down corridor sites are materially reduced here. If you have a Magnolia/Woodlands growth thesis and want a site you can actually move on, this is the conversation to have now."

Who Is This For?

Primary: Commercial developer looking for a well-located, shovel-ready site in a high-growth suburban market. Retail strip, medical office, or flex/industrial developer who understands the Magnolia growth story and wants to move before values increase further.

Secondary: Land investor or family office seeking appreciation in one of Houston's fastest-expanding corridors. Buy-and-hold thesis is strong here given the rooftop trajectory.

Also consider if: You're a Texas-based or out-of-state investor looking to enter the Houston suburban market — Magnolia offers the fundamentals (growth, demographics, proximity to Woodlands) without the premium pricing of closer-in markets.

29933 Hardin Store Rd

Property Overview

Site Package