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Ground Lease Retail Pad Site
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22820 Highway 242, New Caney, TX 77357

Ground lease retail pad site with all utilities available and a flexible layout on SH 242.

Lot Size0.98 Acres
Days on Market290

Property Features for 22820 Highway 242

General Information

Standard status Active
Lot size 0.98 Acres
Property subtype LAND
Listing Agency: Texas CRES
Listed By: Tracy Eddy · License #465800
Source: Moodyscre
Added: Oct 15, 2025 Changed: Jul 30 Last Checked: Jul 30 at 4:10PM

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 Texas CRES

Investment Insights

Based on property information with market context.

This ground lease opportunity offers a flexible retail pad site on a 10.98-acre parcel, well suited for QSR, convenience store, retail, or a service user. The site is presented with all utilities available at the property, supporting streamlined development planning and faster build-out.

The property is located at the SWQ of SH 242 and Speed Street, providing convenient access and prominent frontage. Traffic counts highlight strong exposure, with approximately 12,213 AADT (2024, TxDOT) along SH 242 and 89,844 AADT (2024, TxDOT) on TX 59.

The site positioning places it between Taco Bel and Domino’s, supporting visibility from the surrounding retail corridor. Valley Ranch Town Center is nearby, with major retailers including Walmart, Kroger, Chick-fil-A, Starbucks, and Academy Sports in the area.

Key Highlights

  • 10.98‑acre flexible retail pad site for QSR, convenience store, retail, or service users
  • All utilities available at the site for easier development planning
  • Located at the SWQ of SH 242 and Speed Street with strong access and frontage

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Garden Center Building Supply Real Estate Agency Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

Demographics for 77357, TX

30,339
Population
12,638
Households
2.4
Avg Household Size
34
Median Age
15%
College-Educated
80%
High-School Grad
67.1 sq mi
ZIP Area
452
Density / Sq Mi
$73,773
Median Household Income
$40,211
Median Earnings
$1,366
Median Rent
$218,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Ground lease retail pad site with all utilities available and a flexible layout on SH 242.
Where is this commercial land located?
The property is located at 22820 Highway 242 New Caney, TX.
What are key features of this property?
This property features: 10.98‑acre flexible retail pad site for QSR, convenience store, retail, or service users; All utilities available at the site for easier development planning; Located at the SWQ of SH 242 and Speed Street with strong access and frontage
(713) 907-1707 Call to check price and availability
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