21856 Market Pl Dr New Caney, TX 77357
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.