TUCSON, ARIZONA (July 30, 2026) — Walmart Inc. has purchased approximately 33.23 acres of commercial land within the Houghton Town Center development in southeast Tucson for $6.99 million, according to public records.
The property, located at 10052 E. Old Vail Road near Walmart’s existing Supercenter at Houghton and Old Vail roads, consists of nine commercial parcels totaling approximately 1.45 million square feet. The sale closed July 2, 2026, at a price of approximately $210,324 per acre, or $4.83 per square foot.
Houghton Developers, LLC, an affiliate of Diamond Ventures, sold the property to Walmart Inc. The land is within PAD-36, the planned area development governing Houghton Town Center, and appears to comprise a substantial portion of the center’s remaining undeveloped commercial land commonly associated with Houghton Town Center Phase 2, which totals approximately 68 acres.
The Walmart acquisition is immediately east of a separate 22.35-acre site where Costco Wholesale is pursuing development approvals for a new warehouse and fuel facility at 9748 E. Old Vail Road.
City of Tucson records show Costco has submitted entitlement applications for an approximately 162,000-square-foot membership warehouse, fuel facility, surface parking and landscaping. The project would consolidate Blocks 4 through 8 of the Rita Ranch Commerce Center and is currently moving through the city’s review process.
The proximity of the two properties places more than 55 acres associated with two of the nation’s largest retailers along the same stretch of East Old Vail Road, just west of South Houghton Road.
Walmart has not publicly announced its plans for the recently acquired acreage. The acquisition gives the retailer control of a sizable development tract near its existing store and could accommodate future expansion or other Walmart-related commercial uses. Any specific development proposal, however, remains speculative until the company submits plans or permit applications.
The size of the purchase makes the transaction notable even without an announced project. Rather than acquiring a single retail pad, Walmart purchased nine parcels totaling more than 33 acres in one of southeast Tucson’s principal commercial growth areas, shortly after Costco announced its plans.
The property is near the existing Walmart Supercenter and The Home Depot and benefits from continued residential and commercial growth along the Houghton Road corridor.
Houghton Dermatology is directly adjacent to the Walmart purchase, while the planned Mountainside Fitness site appears to have been carved out of the same larger tract but was not included in Walmart’s recorded parcel list.
The acquisition positions Walmart to play a significant role in the next phase of development at Houghton Town Center, while Costco’s active development application immediately to the west signals additional major retail investment along East Old Vail Road.
Real Estate Daily News will continue to follow both properties for development plans, zoning filings, and permit activity.