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±0.98 Acres of Land in New Caney, TX SWQ TX-242 & Speed St 0.98 Acres of Commercial Land for Lease in New Caney, TX 77357

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HIGHLIGHTS

  • Ground lease opportunity in one of Houston’s fastest-growing suburban markets
  • Located at the SWQ of SH 242 & Speed St, offering excellent access and frontage
  • Approximately 12,213 AADT (2024, TxDOT) along SH 242 and 89,844 AADT (2024, TxDOT) on TX 59 deliver strong traffic exposure
  • Strategic retail pad site positioned between Taco Bell and Domino’s, driving consistent traffic and visibility
  • All utilities available at the site, ensuring ease of development and faster build-out timelines
  • Close to Valley Ranch Town Center, with major retailers such as Walmart, Kroger, Chick-fil-A, Starbucks, and Academy Sports

LOT AVAILABLE

Display Rental Rate as

Rental Rate
  • Upon Request
  • Upon Request
  • Upon Request
  • Upon Request
Lease Term Negotiable
Lot Size 0.98 AC

Positioned in one of Houston’s fastest-growing suburban corridors, this ±0.98-acre ground lease site offers a rare opportunity for retail, QSR, convenience, or service-oriented development. 
With a clean survey, unrestricted reserve designation, and a location surrounded by established retail and service operators, this pad site is primed for a tenant seeking strategic placement in a thriving market.

PROPERTY OVERVIEW

Located at the southwest quadrant of SH 242 and Speed Street, the parcel benefits from exceptional visibility and direct access, flanked by national brands Taco Bell and Domino’s. The flexible site layout supports a range of build-to-suit concepts, with all utilities readily available to streamline development timelines. The property sits just over a mile from the intersection of TX-242 and US-59, placing it within reach of major regional traffic flows and retail anchors. Nearby Valley Ranch Town Center features household names like Walmart, Kroger, Chick-fil-A, Starbucks, and Academy Sports, reinforcing the area’s retail density and consumer draw. The site’s proximity to entertainment destinations such as Big Rivers Waterpark and Grand Texas RV Resort further enhances its appeal for high-traffic uses.

PROPERTY FACTS

Total Space Available 0.98 AC
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
  • Listing ID: 38099433

  • Date on Market: 2025-10-21

  • Last Updated:

  • Address: SWQ TX-242 & Speed St, New Caney, TX 77357

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