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26231 Hanna Rd 1 Acre of Commercial Land Offered at $1,300,000 in Spring, TX 77386
INVESTMENT HIGHLIGHTS
- Strategic Growth Corridor Location
- Flexible Commercial Development Opportunity
- Utilities Available | Reduced Development Costs
EXECUTIVE SUMMARY
26231 Hanna Rd | Spring / Oak Ridge North, TX
Two Adjacent Lots Being Sold Together
Overview:
Rare opportunity to acquire two contiguous commercial parcels totaling 2.72 acres strategically located just 0.9 miles south of the future Oak Ridge North Plaza District at the intersection of Hanna Rd & Robinson Rd — one of the region’s most active emerging commercial corridors. This offering presents a compelling opportunity to acquire commercial land in the path of planned and active redevelopment within Oak Ridge North and the greater Spring submarket. The property is strategically located less than one mile south of the Hanna Road and Robinson Road intersection, an area that has become the focal point of significant public and private investment aimed at transforming the surrounding corridor.
At the intersection, the City of Oak Ridge North has advanced long-term redevelopment plans anchored by the Oak Ridge North Plaza District, a mixed-use project featuring retail, dining, and community-oriented uses. This development represents a major shift in how the area will function, introducing new traffic patterns, increased consumer activity, and long-term demand for nearby commercial services. Properties positioned along Hanna Road stand to benefit from this momentum as activity radiates outward from the intersection.
In support of this redevelopment, the city has completed major infrastructure improvements, including the realignment and widening of Robinson Road at Hanna Road. These upgrades were designed to improve traffic flow, safety, and connectivity, while also laying the groundwork for sustained commercial growth in the surrounding area. Infrastructure investment of this scale typically precedes increased land values and heightened developer interest along adjacent corridors.
The subject property’s location south of the intersection allows investors and developers to secure a site ahead of full market absorption, offering the potential to capitalize on appreciation as redevelopment matures and surrounding projects come online. Unlike parcels directly at the intersection, this site provides greater flexibility for development timing, tenant mix, and site design while still benefiting from the same growth drivers.
With utilities already available, the property offers a meaningful advantage over undeveloped tracts, reducing both cost and timeline considerations for future development. This makes the site particularly attractive for buyers seeking a balance between long-term hold potential and near-term development feasibility.
As Oak Ridge North continues to execute its redevelopment vision and surrounding Spring and The Woodlands markets experience sustained population and commercial growth, opportunities to acquire well-located commercial land along improved corridors such as Hanna Road are becoming increasingly limited. This offering allows buyers to establish a foothold in an evolving market before values fully reflect the impact of recent infrastructure and mixed-use investment.
Market & Development Highlights:
- Planned Mixed-Use Destination: The Oak Ridge North Plaza District, a ~60,000 sq ft mixed-use retail, dining, and community hub, has officially broken ground and is poised to activate the area with new regional traffic, pedestrian vitality, and tenant demand.
- Roadway Improvements Underway: The City of Oak Ridge North has recently completed major realignment and widening of Robinson Road at Hanna Road, significantly improving traffic flow and visibility for surrounding properties and laying the groundwork for future growth.
- Retail & Commercial Momentum: Planned retail components within the Plaza District and additional commercial development signal a decade-long transformation of this intersection into a primary commercial node serving Spring, The Woodlands, and surrounding Montgomery County communities.
Location Advantages:
- Excellent south-of-intersection positioning along Hanna Rd, capturing both local and regional traffic.
- Proximity to I-45 & Woodlands Parkway, providing easy access to The Woodlands, major employers, and residential trade areas.
- Positioned ahead of retail and service demand from future high-density developments, new civic destinations, and growing daytime population centers.
Investment Potential:
These lots offer exceptional flexibility for a variety of commercial uses — retail, restaurant, office, service-oriented concepts, or build-to-suit opportunities — with the ability to capitalize on increasing regional activity before surrounding land values fully reflect the new traffic and development patterns.
Ideal for:
• Institutional or private investors
• Owner-users seeking long-term site control
• Developers targeting ground-floor commercial or mixed-use projects
• Retail and restaurant users looking to secure visibility near high-growth nodes
Sources & Development References
Oak Ridge North Plaza District – Developer Flyer (Blue Ox Group)
[https://theblueoxgroup.com/assets/files/Oak%20Ridge%20North%20-%20Plaza%20District/Oak%20Ridge%20North%20Plaza%20Flyer_3.31.25.pdf]
Hello Woodlands – Oak Ridge North Plaza District Groundbreaking
[https://hellowoodlands.com/oak-ridge-north-holds-plaza-district-groundbreaking-ceremony/]
Community Impact – Oak Ridge North Redevelopment Launch After Decade of Planning
[https://communityimpact.com/houston/the-woodlands/government/2025/05/22/oak-ridge-north-redevelopment-to-launch-after-decade-of-planning/]
Community Impact – Oak Ridge North Celebrates Groundbreaking for ORN Plaza District
[https://communityimpact.com/houston/the-woodlands/government/2025/10/02/oak-ridge-north-celebrates-ground-breaking-for-orn-plaza-district/]
City of Oak Ridge North – Robinson Road Realignment Project Updates
[https://www.oakridgenorth.com/post/robinson-road-project-updates]
Community Impact – $7.4M Robinson Road Realignment & Widening Project
[https://communityimpact.com/houston/the-woodlands/transportation/2023/10/10/oak-ridge-north-approves-74m-robinson-road-construction-contract/]
PROPERTY FACTS
| Price | $1,300,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| Sale Condition | Build to Suit | Total Lot Size | 1.00 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Cross Streets | Basswood Rd |
| Zoning | Commercial | ||
| Price | $1,300,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.00 AC |
| No. Stories | 1 |
| Cross Streets | Basswood Rd |
| Zoning | Commercial |
1 LOT AVAILABLE
Lot
| Price | $1,300,000 | Lot Size | 1.00 AC |
| Price Per AC | $1,300,000.00 |
| Price | $1,300,000 |
| Price Per AC | $1,300,000.00 |
| Lot Size | 1.00 AC |
Two adjacent commercial lots at 26231 Hanna Rd in Spring, TX, approx. 0.9 miles south of Hanna Rd & Robinson Rd. Frontage along Hanna Rd with convenient access to I-45, Spring, and The Woodlands. Sold together.
DESCRIPTION
The subject property consists of two contiguous commercial lots located at 26231 Hanna Road in Spring, Texas, approximately 0.9 miles south of the Hanna Road and Robinson Road intersection within the Oak Ridge North / Spring submarket. The parcels are being sold together and offer a combined footprint suitable for a wide range of commercial development concepts. The site features frontage along Hanna Road, providing visibility and accessibility within an established roadway network that connects directly to Robinson Road, Interstate 45, and the broader Spring and The Woodlands trade areas. The property benefits from existing utility availability, allowing for a more streamlined development process and reduced upfront infrastructure costs compared to raw land offerings. Surrounding land uses include a mix of commercial, civic, and residential development, positioning the property to serve both local demand and future growth tied to ongoing redevelopment initiatives in the immediate area. The parcel configuration allows flexibility in site planning, layout, and building orientation, making it suitable for retail, service, office, or other commercial uses subject to buyer due diligence and approvals. The property’s location south of the primary Hanna Road and Robinson Road intersection places it within a developing corridor while maintaining separation from the most congested portions of the intersection, offering a balance of accessibility and usability. This positioning allows future users to benefit from area growth without being directly constrained by intersection-level traffic congestion.
Presented by
26231 Hanna Rd
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