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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

21856 Market Pl Dr New Caney, TX 77357

1,000,000 SF 110 ac lot Built 23
Property ID
Property summary
AI-generated overview

This exceptional Class A retail property, Valley Ranch Town Center, offers unparalleled opportunities in the thriving New Caney, TX market. Located within the 1,400-acre master-planned community of Valley Ranch, at the intersection of I-69 and Grand Parkway, this 1,000,000 square foot center boasts a prime location with exceptional visibility and accessibility. The property features a single, one-story building constructed in 2023, offering 12 suites with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 50,000 square feet. Currently, 114,000 square feet of retail space is available for lease. The center is anchored by major retailers including Kroger, Target, Cinemark, Academy, Burlington, Ross, TJ Maxx, HomeGoods, Hobby Lobby, and PetSmart, ensuring high foot traffic and strong consumer demographics. With over 1.5 million square feet of retail, restaurants, and entertainment, Valley Ranch Town Center attracts over 7.3 million visitors annually, making it Houston's #2 shopping center for traffic. The property sits on 110 acres of land and includes 116 parking spaces. The property's APN is R474320 and is located in Montgomery County, within the Valley Ranch submarket cluster. Seven spaces are currently available, ranging from 1,400 to 114,000 square feet. This is an exceptional opportunity to establish a presence in a high-growth area with significant consumer traffic. Zoning information is not currently available.

Property profile
Verified
Property type Retail properties & Spaces
Year built 23
Total area 1,000,000 SF
Lot 110 ac (4,791,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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