Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    21173 US-59 New Caney, TX 77357

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Commercial land with high traffic frontage and multiple access points.

    Type:LAND
    Lot size:
    4.00 Acres
    Added:
    Nov 24, 2025
    Days on Market:
    155
    Last Refresh:
    Apr 5 at 8:43 pm

    Property Features for 21173 US-59

    General Information

    Standard status
    Active
    Lot size
    4.00 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Andy Flack
    Andy Flack

    Listing agent Andy Flack License #0344465

    Listing office HomeLand Properties, Inc

    Listing date Nov 24, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of HomeLand Properties, Inc

    Overview

    US-59 Frontage Commercial Land

    This commercial land offers significant frontage and exposure on the US 59 frontage road, situated just north of Grand 99. The property is located near Valley Ranch Town Center and New Caney High School. It also benefits from additional rear access on Cuttler Rd. The site features two driveways on the frontage road. Suitable for multiple commercial uses, the property has electricity and water available. The site is clean and ready for development. According to TxDOT data from 2022, the annual average daily traffic (AADT) count is 101,516.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Caney
    County
    Montgomery
    State
    Texas
    Longitude
    -95.2252
    Latitude
    30.1381

    Nearby Similar for Lease

    • $20 SF/Yr

      Retail Space on FM 1485

      Retail space with high visibility and pylon signage available.
      20875 FM 1485, New Caney, TX, 77357
      View Details
    • Contact for pricing

      Retail Space Near Walmart Supercenter

      Retail spaces available in a dynamic growth corridor.
      US-59 & FM 1485, New Caney, TX
      View Details
    • $15 SF/Yr

      New Caney Warehouse Space

      Warehouse space in rapidly growing New Caney. Excellent accessibility.
      24090 FM 1485, New Caney, TX 77357
      View Details
    • $15 SF/Yr

      Retail Space in New Caney

      Retail, office, or restaurant space in a prime location.
      22480-22580 Community Drive, New Caney, TX
      View Details
    • Contact for pricing

      Mixed-Use Property in High-Growth Corridor

      Commercial opportunity with residence, pool, and expansion potential.
      22450 Oakley Rd, New Caney, TX
      View Details
    • $19,200/Mo

      FM 1485 Frontage Opportunity

      Excellent frontage, visibility, and access in high-growth New Caney.
      17505 FM 1485, New Caney, TX 77357
      View Details
    • Contact for pricing

      Prime Retail Pad Site Available

      Ground lease opportunity in fast-growing Houston suburban market.
      22820 Highway 242, New Caney, TX
      View Details
    • Contact for pricing

      Grand Parkway Corner Land Parcel

      Corner land parcel with frontage on Grand Parkway.
      Grand Parkway, New Caney, TX
      View Details
    • Contact for pricing

      Regional Power Center Land

      Land in a 750,000-SF regional power center.
      Highway 59 N, New Caney, TX
      View Details
    • Contact for pricing

      Industrial Space Available for Rent

      4,018 square feet of industrial space for lease.
      17902 US-59, New Caney, TX
      View Details
    • Contact for pricing

      Commercial Space For Lease

      Commercial space available for lease in New Caney, Texas.
      20172 US-59, New Caney, TX 77357
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail spaces available for lease.
      20851 & 20875 FM 1485, New Caney, TX 77357
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with high traffic frontage and multiple access points.
    Where is this commercial land located?
    The property is located at 21173 US-59 New Caney, TX.
    What are key features of this property?
    This property features: High traffic frontage on US 59 (AADT 101,516 in 2022); Excellent frontage/exposure on US 59; Multiple use commercial property
    (936) 295-2500 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Andy Flack
    Andy Flack
    Real Estate License ID: 0344465
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!