Incredible ±29.6 Acre Development Opportunity
NEC Hwy 249 & Grand Parkway, Tomball, Texas
Marketing description
Seize a rare chance to develop at one of the Houston metro's most dynamic intersections. This ±29.6-acre site at the northeast corner of Highway 249 and the Grand Parkway (SH 99) in Tomball, Texas offers exceptional visibility, outstanding access, and a flexible ownership structure — the owner will subdivide into parcels as small as ±1.9 acres.
Surrounded by an established and expanding retail ecosystem, the site sits within close proximity to H-E-B, Costco, Walmart, and Kroger, and neighbors "The Grand at 249," a 65-acre NewQuest mixed-use development anchored by a future Sam's Club. A nearby industrial site by Adkisson Group and a multi-phased 240-acre business park further underscore the corridor's momentum.
The trade area is among the strongest in the northwest Houston submarket. Nearly 70,000 residents live within three miles, with average household incomes exceeding $146,000 and median home values around $308,000. Population growth of 8% is projected over the next five years, fueled by Tomball's continued rise as a destination for both businesses and families.
Major employment drivers — including HCA Houston Healthcare Tomball, Lone Star College, Baker Hughes, and Tomball ISD — generate consistent daytime traffic and support long-term demand across retail, medical, and service uses. The site is zoned to Klein ISD, ranked among the top school districts in Harris County.
From a development standpoint, the property offers favorable site conditions with minimal floodplain exposure, on-site detention, and a combined 2024 tax rate of 1.820%. Four distinct parcels ranging from ±1.9 to ±16 acres provide flexibility for single-user or multi-tenant development scenarios.
Investment highlights
Site Overview
- ±29.6 total acres — owner will subdivide
- Four parcels: ±2.6, ±1.9, ±2.1, and ±16 acres
- On-site detention; minimal floodplain exposure
- Tax rate: 1.820% (2024)
- Zoned to Klein ISD (#6 in Harris County)
- Price: call for pricing
Location & Access
- Intersection of Hwy 249 & Grand Parkway (SH 99)
- Adjacent to H-E-B, Costco, Walmart, and Kroger
- Proximate to "The Grand at 249" — 65-ac mixed-use with future Sam's Club
- Near HCA Houston Healthcare, Lone Star College, Baker Hughes
- Tomball: 1,500+ businesses, ~14,000 employees
Demographics
- 8,253 residents within 1 mile; 70,051 within 3 miles
- 176,205 within 5 miles — 6–8% projected 5-yr growth
- Avg. household income: $146K (3-mi) / $150K (5-mi)
- Median home value: $308K (3-mi) / $310K (5-mi)
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