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    23021-23027 Morton Ranch Rd Katy, TX 77449

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    For Lease
    Contact for pricing

    Retail space available in high-traffic area near major retailers.

    Property size:
    1,200 SF
    Lot size:
    2.32 Acres

    Property Features for 23021-23027 Morton Ranch Rd

    General Information

    Size
    1,200 SF
    Lot size
    2.32 Acres

    Source: RESOLUT RE - Houston Agent Jim Thompson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Major Retailers

    This retail space is located at a major retail intersection, opposite a Walmart Supercenter and Kroger Signature store. Situated on a high visibility corner, the property is located 3 miles north of Interstate 10. The area is experiencing significant residential growth, with thousands of homes under construction within a 3-mile radius. The property benefits from high traffic, with the center recording over 492,000 annual visits in the 12 months leading up to August 2024. The property size is 1200 square feet and is located at 23021-23027 Morton Ranch Rd, Katy, TX.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Katy
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.775782
    Latitude
    29.816294

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    FAQs

    What type of property is this?
    Strip mall - Retail space available in high-traffic area near major retailers.
    Where is this strip mall located?
    The property is located at 23021-23027 Morton Ranch Rd Katy, TX.
    What are key features of this property?
    This property features: - High traffic location with over 492,000 annual visits.; - Located at a major retail intersection with Walmart Supercenter and Kroger Signature store.; - Thousands of homes being built within a 3-mile radius.
    (281) 445-0033
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    23021-23027 Morton Ranch Rd Katy, TX 77449
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    Katy, TX 77449
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23021-23027 Morton Ranch Rd Katy, TX 77449
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