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Investment Highlights

  • Strategic Growth Corridor Location
  • Flexible Commercial and Residential Development Opportunity
  • Located near the future Oak Ridge North Plaza District redevelopment
  • Utilities Available | Reduced Development Costs
  • Unrestricted raw land confirmed by Montgomery County Engineering
  • Adjacent parcel available creating a potential 2.36-acre assemblage

Executive Summary

±1.00 Acre Commercial Land Opportunity
26231 Hanna Rd | Spring / Oak Ridge North, TX
Near the Future Oak Ridge North Plaza District | Unrestricted Land | Assemblage Opportunity

INVESTMENT OVERVIEW
Rare opportunity to acquire approximately ±1.00 acre of strategically positioned land along Hanna Rd in the Spring / Oak Ridge North submarket of Montgomery County, Texas. Located approximately 0.9 miles south of the intersection of Hanna Rd and Robinson Rd, the property sits along a corridor experiencing increasing infrastructure investment and emerging commercial redevelopment.
The site offers approximately 289 linear feet of frontage along Hanna Rd, providing strong visibility and accessibility along a roadway that connects Oak Ridge North with the broader Spring and The Woodlands markets. Its location provides convenient connectivity to Interstate 45 and The Woodlands Parkway, placing the property within close proximity to major employment centers, regional retail destinations, and rapidly expanding residential communities.
As surrounding infrastructure improvements and redevelopment initiatives continue to reshape the Hanna Rd and Robinson Rd corridor, this offering provides investors and developers the opportunity to secure land within an evolving commercial area before surrounding redevelopment and investment are fully reflected in land values.

LOCATION HIGHLIGHTS
• Approximately 289 linear feet of frontage along Hanna Rd
• Located approximately 0.9 miles south of Hanna Rd & Robinson Rd intersection
• Convenient access to Interstate 45
• Easy connectivity to The Woodlands Parkway
• Close proximity to Spring and The Woodlands employment centers
• Positioned within the growing Spring / Oak Ridge North submarket
The surrounding area continues to benefit from population growth and residential expansion driven by its proximity to The Woodlands, one of the largest master-planned communities in the United States, as well as strong regional connectivity along Interstate 45.

DEVELOPMENT ADVANTAGES
Montgomery County Engineering has confirmed the property is raw land and unrestricted, providing significant flexibility for future development.
Key advantages include:
• Unrestricted land allowing commercial or residential development
• Frontage along Hanna Rd providing visibility and accessibility
• Flexible development potential depending on market demand
• Opportunity to assemble with adjacent parcel for expanded site footprint
The absence of restrictive zoning classifications allows buyers to evaluate a wide range of potential uses and development concepts depending on future market conditions.

ASSEMBLAGE OPPORTUNITY
The adjacent parcel located at 367 Hanna Rd, consisting of approximately 1.36 acres, is also available for purchase.
Together, the two parcels create a potential assemblage totaling approximately 2.36 acres offered for $995,000. Acquiring both properties provides expanded frontage and additional development flexibility for investors or developers seeking a larger site within a growing corridor.
This assemblage opportunity allows buyers to pursue a variety of larger-scale development strategies while maintaining flexibility for phased development or long-term land hold strategies.

AREA GROWTH & REDEVELOPMENT CATALYST
Less than one mile north of the property, the City of Oak Ridge North is advancing the Oak Ridge North Plaza District at the intersection of Hanna Rd and Robinson Rd.
This planned mixed-use development is expected to introduce retail, dining, and community-oriented uses that will increase traffic and commercial activity along the surrounding corridor.
In support of this redevelopment, the City of Oak Ridge North has completed major infrastructure improvements including the realignment and widening of Robinson Rd at Hanna Rd. These improvements were designed to improve traffic flow, enhance roadway safety, and support long-term commercial growth within the surrounding area.
Public infrastructure investment and mixed-use activation frequently serve as catalysts for increased commercial demand, higher traffic volumes, and long-term appreciation of nearby land values.

POTENTIAL USES
The property's unrestricted status and flexible configuration support a variety of potential development strategies, including:
• Retail development
• Restaurant concepts
• Professional or medical office
• Service-oriented commercial uses
• Residential development
• Build-to-suit projects
• Long-term land hold investment
The site offers flexibility for investors, developers, or owner-users seeking to capitalize on the area’s growth trajectory while maintaining optionality for future development timing.

INVESTMENT CONSIDERATIONS
• Frontage along Hanna Rd within an improving commercial corridor
• Located near the Oak Ridge North Plaza District redevelopment initiative
• Infrastructure improvements recently completed nearby
• Unrestricted land allowing flexible development options
• Assemblage opportunity with adjacent parcel
• Proximity to The Woodlands and Interstate 45
As redevelopment continues to advance in Oak Ridge North and the surrounding Spring market continues to grow, opportunities to acquire well-located land along improving corridors are becoming increasingly limited.

OFFERING SUMMARY
Property Type: Land
Size: ±1.00 Acre
Location: 26231 Hanna Rd, Spring / Oak Ridge North, TX
Frontage: Approximately 289 Linear Feet Along Hanna Rd
Status: Raw Land
Restrictions: Unrestricted
Assemblage Opportunity: Adjacent 1.36 Acres Available (Total ±2.36 Acres)

Data Room Click Here to Access

Property Facts

Price $432,100
Sale Type Investment or Owner User
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Auto Repair
  • Bank
  • Bar
  • Convenience Store
  • Daycare Center
  • Department Store
  • Drugstore
  • Fast Food
  • Food Processing
  • Funeral Home
  • Garden Center
  • General Freestanding
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Industrial Live or Work Unit
  • Industrial Park
  • Loft or Creative Space
  • Planned Unit Development
  • Post Office
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Self Storage
  • Service Station
  • Shelter
  • Single Family Development
  • Storefront
  • Storefront, Retail or Office
  • Strip Center
  • Supermarket
  • Unknown
  • Veterinarian or Kennel
  • Warehouse
  • Single Family Residence
Total Lot Size 1.00 AC
No. Stories 1
Cross Streets Basswood Rd
Zoning Commercial - Unrestricted Raw Acreage - Confirmed by Montgomery County Engineering Dept

1 Lot Available

Lot

Price $432,100
Price Per AC $432,100.00
Lot Size 1.00 AC

1-acre commercial tract at 26231 Hanna Rd with 289 ft of Hanna Rd frontage and quick access to I-45. Adjacent 1.36-acre parcel available. Assemblage opportunity totaling 2.36 acres offered for $995k.

Description

This offering presents the opportunity to acquire approximately 1.00 acre of strategically located land at 26231 Hanna Rd in Spring / Oak Ridge North, Texas. Positioned approximately 0.9 miles south of the intersection of Hanna Rd and Robinson Rd, the property sits along a corridor experiencing ongoing infrastructure improvements and emerging commercial redevelopment. The site offers approximately 289 linear feet of frontage along Hanna Rd, providing strong visibility and accessibility along a roadway connecting Oak Ridge North with the surrounding Spring and The Woodlands markets. The property also benefits from convenient access to Interstate 45 and The Woodlands Parkway, allowing connectivity to major employment centers, retail destinations, and rapidly growing residential communities. The property is located approximately 1.2 miles north of Rayford Rd, a major commercial corridor serving the Spring and Woodlands area. Rayford Rd features a wide range of established restaurants, retail centers, medical offices, entertainment venues, and service businesses supporting the area’s expanding residential population. Montgomery County Engineering has confirmed the property is raw land and unrestricted, allowing flexibility for both commercial and residential development. Potential uses include retail, restaurant concepts, professional office, service-oriented businesses, residential development, or build-to-suit projects. The adjacent parcel at 367 Hanna Rd, consisting of approximately 1.36 acres, is also available for purchase. Together, the two parcels create a potential assemblage totaling approximately 2.36 acres offered for $995,000, providing expanded frontage and development flexibility for investors or developers seeking a larger site. Less than one mile north of the property, the City of Oak Ridge North is advancing the Oak Ridge North Plaza District at the intersection of Hanna Rd and Robinson Rd. This planned mixed-use development is expected to introduce retail, dining, and community-oriented uses that will increase traffic and commercial activity along the corridor. In support of this redevelopment, the City of Oak Ridge North has completed significant infrastructure improvements including the realignment and widening of Robinson Rd at Hanna Rd to improve traffic flow and support future commercial growth. As redevelopment continues along this corridor, nearby properties stand to benefit from increased visibility, traffic, and commercial demand. Sites positioned just south of the intersection offer investors the opportunity to secure land ahead of full market absorption while still benefiting from the area’s long-term growth. Located within the Spring / Oak Ridge North submarket near The Woodlands and Interstate 45, the property is positioned within one of Montgomery County’s most active growth corridors. Whether pursued as a standalone one-acre development site or combined with the adjacent parcel to create a larger assemblage, 26231 Hanna Rd presents a compelling opportunity for investors, developers, or owner-users seeking to establish a presence in a growing commercial corridor.

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
0350-00-00622
Land Assessment
$87,120
Improvements Assessment
$0
Total Assessment
$87,120
  • Listing ID: 38911077

  • Date on Market: 12/27/2025

  • Last Updated:

  • Address: 26231 Hanna Rd, Spring, TX 77386

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